Monthly Archives: August 2013

My Thoughts for the Week of Aug 26, 2013

Poor economic data continues to roll in, this morning being the huge miss in expected Durable Goods Orders which was down 7.3% vs the est of -3.0%. A week ago it was the SF Fed Chairman arguing for the Fed … Continue reading

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My Thoughts for the Week of Aug 19, 2013

Last week delivered another blow to interest rates caused by more QE tapering chatter. The SF Fed Chairman made a press release that in his opinion QE 2 and 3 have not produced the intended results, and that tapering out … Continue reading

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My Thoughts for the Week of Aug 12, 2013

Last week was pretty uneventful, as expected. Bonds ended the week unchanged from the previous Friday. Even though the bond  markets were unchanged interest rates are slightly better than they were last Monday, we’ll take that. We had a mixed … Continue reading

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My Thoughts for the Week of Aug 5, 2013

Saturday was National Watermelon Day, I hope everyone snacked on a nice cold slice of watermelon and enjoyed their weekend. Last week was quite a wild ride. The FOMC meeting that concluded on wed was pretty uneventful. Everything that was … Continue reading

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