The Story of the Week was Jobs and it took us both positive and negative on the same report. During the week turmoil in the Middle-East continued to threaten the markets. Oil hovered steady around $100/bbl and stocks climbed. Manufacturing and Retail news all week was positive and Weds and Thursd
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03/07/2011
In the past month, we saw inflation numbers tick up just a bit. When the inflation number started getting uncomfortably below the 1.0% level, the Fed stepped up Monetary Easing (see prior QE2 write-ups) and the Fed has been successful in starting us toward their 2.0% target. You can see that we h
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03/02/2011
Federal budget years run from October 1 to September 30. The debate in Washington over this $60 billion is about the budget year we are currently in the middle of, ending September 30, 2011. While that budget has a spending number nearing $3 Trillion, there is "only" $440 Billion of “discretionar
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03/02/2011