Welcome to Smaulgld your source for finance, gold, silver, economics and real estate market analysis as well as marketing strategies and tips for real estate professionals.

Tag Archives: Fed Exit Strategy

Update: Whitehouse Fact Sheet on Myra: “Making Progress Through Executive Action” That’s why, tomorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savings: MyRA… MyRA guarantees a decent return with no risk of losing what you put in . President Obama – State of the Read More →

Podcast Summary: Topics discussed 0:00-7:45 Fudging of the unemployment numbers prior to the 2012 election;the integrity of government data; QE’s impact on the economy. 7:45-13:45 data manipulation and interpretation by the Fed and the media; interpretation of initial jobless claims;Fed’s concern about not enough inflation;the media’s “recovery” mantra. 13:45-18:15 the minutes of the FOMC October Read More →

“We pretend to work and they pretend to pay us.” Anonymous Soviet Union “worker” Five Long Years in The Fed’s Potemkin QE Village The term Potemkin Village is derived from the account that Prince Grigory Potemkin once constructed a fake but lavish looking village along the banks of the Dnieper River in Crimea to impress Read More →

Tomorrow the Board of Governors of the Federal Reserve will release the minutes of its September Federal Open Market Committee meeting. We await hints regarding the fate of the the Fed’s quantitative easing program which they have been threatening (bluffing?) to taper at some point this year. A Tapir Tapirs are rare endangered animals their Read More →

“It’s possible you could get some data that change the complexion of the outlook and could make the committee be comfortable with a small taper in October.” St. Louis Fed President James Bullard, one day after the Fed’s September meeting. The Fed has been talking about tapering its $85 billion a month quantitative easing (QE) Read More →

Last week the members of the Federal Reserve voted to continue their $85 billion quantitative easing (QE) bond buying program. Many had expected the Fed to begin to taper their purchases. Immediately following the meeting St. Louis Fed President James Bullard claimed that if the data supported an improving economy, the Fed might taper QE Read More →

They are serious this time, really. Having missed their chance last week to taper the Fed’s $85 billion a month Quantitative Easing (QE) bond buying program, several Federal Reserve Presidents are letting the world know they still have taper on their minds. Here is what a few of the Federal Reserve Presidents are saying: St.Louis Read More →

“In the light of these uncertainties the committee decided to await for more evidence that the recovery’s progress will be sustained before adjusting the pace of asset purchases” Ben Shalom Bernanke, Chairman of the Federal Reserve Thus spake Mr. Bernanke rationalizing why the taper of quantitative easing (QE) was off. Reasons Given For Not Tapering: Read More →

St. Louis Federal Reserve Bank President James Bullard told Bloomberg News this morning that the Fed might taper its $85 billion a month Quantitative Easing (QE) program in October but they would need to see how the economic data looks. Mr. Bullard further noted that “This was a close decision here in September“. The vote Read More →

Cumulative Summary of the Fed’s Position on Tapering QE: “We need more of what didn’t work to make sure it’s working and we need more data and we said we would taper, so there, but no rush!” Summary Of Podcast Ryan and Louis discuss the initial jobless claims and note that it was higher than Read More →

Facebook Twitter LinkedIn YouTube Google+