Is Mr. Bernanke a Genius or a Goat?
By Louis S. Barnes Friday, April 29, 2011 We have a truly splendid outbreak of spring fever in the markets and media, the infected running about in circles, yelling “Inflation! Money-printing! Dollar crashing!” Before rounding them up, a moment for the... [Read more of this post]
Could the U.S. lose its AAA rating?
By Louis S. Barnes Friday, April 22, 2011 It has been a quiet week in the markets, shortened by Good Friday. Oh, S&P created a tempest with its threat to the AAA rating of Treasurys, but as the week wore on, more and more people asked, “How would... [Read more of this post]
Could the “meltdown” in Japan mean a mortgage rate “meltdown”?
By Louis S. Barnes Friday, March 18, 2011 This week was more about human nature than economics and markets. When Fukushima looked catastrophic, the fearful bought Treasurys and 10-year yields fell to 3.15% from 3.55% in six days, taking mortgages to 4.75%.... [Read more of this post]