OK I can hear you all saying: ‘What?’. Here’s the report from MarketWatch: Yield curve flattens in wake of Fed moves, no help for banks – MarketWatch I only offer this arcane news to you as part of my ongoing attempt to simplify things. The yield curve is an expression of the relationship between interest […]

Just when you thought analysts would start to make sense here’s an article from today posted over at MarketWatch.com: When 0% isn’t low enough: Should Obama embrace inflation? – MarketWatch Now my complaint isn’t the policy recommendation: that we will most likely have to inject so much money into the economy that we inflate our […]

I pass on this news from the New York Times for two reasons. But first the link: Morgan Stanley Posts $2.36 Billion Loss Now my two points: One: I think that Morgan Stanley and Goldman Sachs are both going to face a much tougher road to survival than the so called ‘experts’ have suggested. This […]