In The Golden Woods

For decades the Federal Reserve has spoken very softly and in code which was call “Fedspeak” to avoid crazy and unnecessary swings in the markets based solely on the remarks by Federal Reserve officials. This Fed and this Chairman is unafraid to venture where no other Fed has gone before … The fastest central bank to market with Quantitative Easing (QE) The broadest range of bonds included in the QE programs with the addition of Fallen Angels (or below investment…

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What is it with the alphabet soup that financial people always use?  It’s true. We love our acronyms and simple representations of complex subjects. To that end, I’m afraid we’re not hearing much about a Deep V recovery. On the bright side, there is growing consensus on a U Shaped Recovery versus that terrifying concept of another depression. Over the past couple of weeks, there has been a growing consensus that the U.S. Markets may have bottomed out. Both Goldman…

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