To Our Clients, Colleagues and Friends

Remember how the government went after investment banker Frank Quatronne?  The government’s case came down to a one sentence e-mail he had written, and this was after the Feds had gone through two million e-mails from First Boston employees.   But look at former California Speaker of the Assembly Willie Brown.  [...]

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    MUST READ, great charts:  The US quantitative easing has just begun – … Surprisingly, according to the latest Credit Suisse research, there hasn’t been much quantitative easing in 2009. But how could that be possible, given the way the Fed has been growing its balance sheet? … The [...]

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With no economic news of note, and the 2-yr auction having gone well, rates are not moving much. Although today’s release of the Fed meeting’s rate decision may change that, depending on the language, no one is looking for an increase in overnight rates. The $40 billion of 5-yr notes is auctioned off about an [...]

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  MUST WATCH: Two Major Technical Forces Are About to Collide in the S&P 500 (new video)  Monday Sep 21st by Adam  – Market Club  ———— Our asset-backed economy – Tim Iacono – The Federal Reserve’s Flow of Funds report with data through the second quarter [...]

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