The Fed Needs to Speak with 1 Voice or Not at All
By David Nelson, CFA 38,000 – That’s all we got in the way of jobs in May leaving bulls scratching their head and bears looking for the next shoe to drop. In addition to creating a roller coaster day for traders, Friday’s weak employment report set off the usual round of conflicting statements from Fed […]
David Nelson – Janet Yellen Confirmation & Her Challenge for 2014
David discusses the Senate’s confirmation of Janet Yellen who becomes the first woman to chair the Fed in its 100 year history. David also elaborates on the biggest challenge she faces in 2014
Janet Yellen – Her First Challenge in 2014
By David Nelson, CFA Last night the Senate confirmed Janet Yellen as the next Fed Chairwoman. The confirmation was never in doubt but Fed watchers were all curious as to how large the margin would be. Many believed the no votes might be as high as 30, matching exiting Chairman Bernanke. With a vote of […]
Before the Bell – High-Tech Snooping (The Little Guy Doesn’t Have a Chance) – Fed Day (I was WRONG!))
High-Tech Snooping (The Little Guy Doesn’t Have a Chance) – A few months ago the world shocked when Eric Snowden came forward revealing that the NSA was collecting data and snooping on the call habits of American citizens, not to mention world leaders. Since then attention has been focused on the capability of technology and […]
Elephant in the Room
“Elephant in the room” is an English metaphorical idiom for an obvious truth that is either being ignored or going unaddressed. The idiomatic expression also applies to an obvious problem or risk no one wants to discuss.[2] The definition above comes directly from Wikipedia. For investors, the elephant in the room is of course the […]
The Most Powerful Man On The Planet
I’ll give you a hint. It isn’t the leader of the free world, the head of the Chinese communist party or the rogue leader of a terrorist state. No, it’s that mild mannered gentleman who every so often steps in front of the cameras and announces what weapons he intends to deploy in his war […]