Posts Tagged ‘bernanke’

Cutting Rates is Counterproductive When Avoiding Bubbles

by Christopher Lemieuxon November 10, 2013 5:37 am BST
When growth is controlled by central banks, it is inevitable for rate cutes to happen in order to create growth in slowdown. The aim is not to create asset bubbles, but the reduction of benchmark rates tend to have a counterproductive result while being the catalyst that pops the bubble. The European Central Bank is […]

Good News is Bad News: The New Paradigm

by Christopher Lemieuxon November 7, 2013 7:46 pm BST
The United States showed gross-domestic product figures that exceeded expectations nearing three percent with a print at 2.8 percent. This beat the two percent expectations, and the previous quarter’s growth that was upward revised to 2.5 percent from 1.7 percent. Recent manufacturing data, both regionally and data included in the Institute of Supply Management (ISM) […]

Treasury Yields Rise on ISM Data

by Christopher Lemieuxon November 2, 2013 4:54 am BST
The Institute for Supply Management manufacturing PMI beat forecasts of 55.3 with a print of 56.4 shaking off economist worries over the government shutdown. “The Institute for Supply Management factory data was a little on the strong side, so it puts the tapering fear back into the market and we start to get higher yields,” […]

Speculative Trade Friday 9.27: GBPAUD

by Christopher Lemieuxon September 27, 2013 6:54 pm BST
This speculative trade is looking to play continued US dollar and Australian dollar weakness and Pound strength. There is key Australian data out Monday, retail sales, and Tuesday, cash rate report. Also, China reports their manufacturing PMI. The latter is likely to be positive for the Aussie dollar, but retail sales and the Reserve Bank […]