Pages

Monday, October 22, 2012

Monetary

News                                                                                                                             
Market Watch | Countdown to change at the Fed
Federal Reserve Board Chairman Ben Bernanke is likely to step down at the end of his term in January 2014 regardless of who wins the U.S. presidential election, many Fed watchers now believe.

Econ Comments & Analysis                                                                                            
Real Clear Markets | The Fed Falls to Inconsistent and Contradictory Depths
Speaking earlier this week, New York Federal Reserve President Bill Dudley indicated a growing frustration with what he termed the "concentration of mortgage origination volumes at a few key financial institutions".
WSJ | If Ben Bernanke Sought Advice
We appreciate that you have a significant interest in Mr. Obama's success, but we would advise you to reduce your risk by steadily rolling back your position. We assume you will be able to help Mr. Obama understand that your shareholders have lost confidence in his investing plans, though they apparently remain quite charmed by him.

Blogs                                                                                                                             
Market Watch | Should central banks cancel government debt?
The debate over quantitative easing may be due to take a new twist as investors ponder suggestions central banks that have engaged in the practice could just cancel the government debt they’ve accumulated in recent years.