Tag Archives: Bernanke

The Bernanke Stock Squeeze

Posted on February 27, 2013 by

So Bernanke says 2016 is when he thinks unemployment moves to the monetary policy target of 6.5 percent.   That’s a long time before the party in U.S. stocks will end.    Nutcracker short squeeze. The shakeout over the past … Continue reading →

Posted in Equities | Tagged , , , | 4 Comments

Cliff Diving – Day 7

Posted on November 20, 2012 by

Bernanke speaks.  Stocks tank.  Buyers step in.  Market closes unched. Stocks got spanked during Chairman Bernanke’s speech to the New York Economic Club but managed to claw back losses,  to close, essentially, unchanged.   Bonds and gold got whacked on possible … Continue reading →

Posted in Fiscal Cliff Monitor | Tagged , , , , | Leave a comment

Fed Ready to Fire Up the Printing Press

Posted on September 1, 2012 by

As we assess the benefits and costs of alternative policy approaches, though, we must not lose sight of the daunting economic challenges that confront our nation. The stagnation of the labor market in particular is a grave concern not only … Continue reading →

Posted in Commodities, Monetary Policy | Tagged , , | 1 Comment

The Golden Bernanke

Posted on August 31, 2012 by

We asked yesterday, albeit somewhat jokingly, what market needed to “see the money” the most.   Stocks, bonds, or gold? Mr. Market has spoken.  The initial pop in stocks has faded with notable weakness in Apple, yet gold is holding its … Continue reading →

Posted in Gold | Tagged , , | 2 Comments

Bernanke & Data Disappoint Goldbugs

Posted on June 7, 2012 by

You can see from the chart that gold starting selling off right around the release of the Beige Book yesterday, “Reports from the twelve Federal Reserve Districts suggest overall economic activity expanded at a moderate pace during the reporting period … Continue reading →

Posted in Gold, Monetary Policy | Tagged , , , , | 1 Comment

Nonlinear Thinking: Robotic Surgeons & Central Bankers

Posted on March 26, 2012 by

Here’s a piece we’ve been wanting to post for a long time.  Intuitive Surgical (ISRG) is a leader in the development and commercialization of medical robotic technology.  As the chart shows this is not just a concept but a very … Continue reading →

Posted in Nonlinear Thinking, Policy | Tagged , , , , , , | Leave a comment

Bernanke’s “No Mas” Send Gold, Bonds, & Yen into Swan Dive

Posted on February 29, 2012 by

Wow!  Take a look at gold, bonds, and the yen after Fed Chairman Ben Bernanke’s testimony on Capitol Hill was interpreted as “no mas” on further quantitative easing.  We we’re a little too complacent with our covered gold positions and … Continue reading →

Posted in Bonds, Gold, Japan, Monetary Policy | Tagged , , , , | Leave a comment

The Brazilian Blowout

Posted on August 15, 2011 by

Today’s rally in front of the Merkel/Sarkozy cup of tea surprised many, including us.  We’re not expecting much from the meeting, but you never know, and the market may have set itself up for disappointment.   Looking at the action in … Continue reading →

Posted in BRICs, Commodities, Currency, Dollar, Global Stock Performance | Tagged , , , , , | 2 Comments

Credit-Anstalt 2.0?

Posted on August 12, 2011 by

If there is any doubt what is spooking the global markets look to the IFR piece, Credit taps run dry for European lenders, setting scene for liquidity crisis.   This is a must read over the weekend. Remember,  Chairman Bernanke, … Continue reading →

Posted in Black Swan Watch, Currency, Euro, PIIGS, Policy, Sovereign Debt | Tagged , , , , , | 2 Comments

The Weekend Read: Gold Fever!

Posted on April 29, 2011 by

In my theory of reflexivity I assert that the thinking of economic agents serves two functions. On the one hand, they try to understand reality; that is the cognitive function. On the other, they try to make an impact on … Continue reading →

Posted in Gold, The Weekend Read | Tagged , , , , | 5 Comments