August 2006 Monthly Archive

Dollar Bulls Planning a Surprise Attack?

Common sense tells us that if US data comes out bad, shouldn't the dollar fall? If that's the case, then what the heck happened last week?? Let me recap what happened... Existing Home Sales On Wednesday, US existing home sales...… More…

FOMC Statement: Old vs. New

Here's a cool side-by-side comparision on the blog, Economist's View, of the latest FOMC statement with the meeting before. It's interesting to see how hardcore economists like to dissect these things. I've attempted a dissection myself. My comments are in...… More…

Central Bank Expectations

Here's a pretty picture of interest decisions by the European Central Bank, Bank of England, and Federal Reserve since 1999. Source: Wachovia Corporation Economics Group Here are the predictions of rate moves from Wachovia economists for the rest of the...… More…

"A good plan implemented today is better than a perfect plan implemented tomorrow."
George S. Patton
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