Federal Reservations

Download Podcast | iTunes | Podcast Feed

On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the Fed’s interest rate announcement, the divided cultural experiences of America’s upper and lower class, and whether or not “the American way of life” still exists.

We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy the show.

Related Links:

U.S. Stocks Cheer Fed’s Rate Pledge
The New American Divide
Quiz: How Thick Is Your Bubble?

Follow Brad on Twitter
Follow Ben on Twitter
Follow Francis on Twitter

Subscribe to The Transom

The hosts and guests of Coffee and Markets speak only for ourselves, not any clients or employers.

Originally from Big Government

Fed Chairman Ben Bernanke threw financial markets a life preserver, but the markets have thrown it back, disappointed that the U.S. central bank was not preparing another quantitative easing ocean liner to come to its rescue, Fed watchers said Wednesday.

Originally from MarketWatch

The US Federal Reserve may have no choice but to introduce a third round of quantitative easing, or QE3, in light of the significant headwinds facing the global economy as well as problems at home, Stephen Pope, Managing Partner at Spotlight Ideas said.

Originally from All News, Video and Posts related to TOPIC: Federal Reserve

CJ Maloney writes: Suppose for a moment that Republican Congressman Ron Paul's fondest wish came true, and the Federal Reserve Bank was not only audited but closed down. As far-fetched as such a notion may seem, it would not be the first time in our nation's history that a central bank has been shuttered. For all the Fed's imposing grandeur, Ben Bernanke is running our third (albeit longest-running) try at a central bank. This country has lived without a central bank before and, if given the chance, could do so again. Most every American (led by Paul Krugman), though, would be horrified at the thought.

Originally from The Market Oracle

The easy-money policies of Federal Reserve chairmen Ben Bernanke and Alan Greenspan have rarely impressed veteran fund manager Jeremy Grantham, but now the chief investment strategist at GMO, a Boston investment firm, is likening Fed actions to an economic horror show.

Originally from MarketWatch

The easy-money policies of Federal Reserve chairmen Ben Bernanke and Alan Greenspan have rarely impressed veteran fund manager Jeremy Grantham, but now the chief investment strategist at GMO, a Boston investment firm, is likening Fed actions to an economic horror show.

Originally from MarketWatch

The easy-money policies of Federal Reserve chairmen Ben Bernanke and Alan Greenspan have rarely impressed veteran fund manager Jeremy Grantham, but now the chief investment strategist at GMO, a Boston investment firm, is likening Fed actions to an economic horror show.

Originally from MarketWatch

Technology stocks begin to show some signs of life in the trading session with a few advancers emerging as the sector waits for the Fed's decision on interest rates.

Originally from MarketWatch

TOKYO (MarketWatch) -- American International Group Inc. neared an agreement late Sunday to sell its Asian life-insurance business to the U.K.'s Prudential PLC for about $35.5 billion, The Wall Street Journal reported on its Web site Sunday, citing people familiar with the situation. The government-controlled insurer's board approved the sale of American International Assurance Ltd. and was close to signing the deal Sunday night, the sources were quoted as saying, adding Federal Reserve and Treasury Department officials also signed off on it. AIG's likely sale of AIA -- along with a separate agreement expected in the next week or so to sell another non-U.S. insurer, American Life Insurance Co., to MetLife Inc. -- could generate proceeds of about $50 billion. Half of that amount has already been earmarked for payment to the Federal Reserve Bank of New York. AIG was the single largest recipient of taxpayer-funded aid in the bailout, and these two deals would cover roughly half of the $97 billion AIG is trying to repay the U.S. government, the report said.

Originally from MarketWatch

TOKYO (MarketWatch) -- American International Group Inc. neared an agreement late Sunday to sell its Asian life-insurance business to the U.K.'s Prudential PLC for about $35.5 billion, The Wall Street Journal reported on its Web site Sunday, citing people familiar with the situation. The government-controlled insurer's board approved the sale of American International Assurance Ltd. and was close to signing the deal Sunday night, the sources were quoted as saying, adding Federal Reserve and Treasury Department officials also signed off on it. AIG's likely sale of AIA -- along with a separate agreement expected in the next week or so to sell another non-U.S. insurer, American Life Insurance Co., to MetLife Inc. -- could generate proceeds of about $50 billion. Half of that amount has already been earmarked for payment to the Federal Reserve Bank of New York. AIG was the single largest recipient of taxpayer-funded aid in the bailout, and these two deals would cover roughly half of the $97 billion AIG is trying to repay the U.S. government, the report said.

Originally from MarketWatch