The Fed Gooses the Capital Markets

    If you were watching capital markets closely yesterday, you saw a phenomenon that has rarely been seen before. I certainly never have. And it was linked to the Federal Reserve’s policy statement, released about 2:15pm Eastern time. This was an extraordinary statement, containing several rarely-seen features. The first one, of course, was the commitment by the Fed to keep policy interest rates at or near | Read More »

    The End of Don Berwick

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss today’s crashing market, then Ben discusses Don Berwick’s probable exit at CMS, and finally Pejman Yousefzadeh discusses the nuclear disaster in Japan. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to | Read More »

    The Deep Financial Trouble of USA Inc.

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss stock derivatives, the Flash Crash and the failing financial status of USA Inc. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We | Read More »