Post Tagged with: "Mark Carney"

Notes From Underground: Four Central Bank Meetings, and, Oh Yeah, the Fiscal Cliff

Notes From Underground: Four Central Bank Meetings, and, Oh Yeah, the Fiscal Cliff

by / on 12/03/2012, 3:29 PM / in Today's Economy

The weekend news was rather sparse as the Greeks got their trust fund check from the overlords in Brussels. The Greeks need to be leery of Eurocrats bearing gifts. The Sunday news shows in the U.S. highlighted the vast chasm between Speaker Boehner and Secretary Geithner. There was finger-pointing all around about as to which group was holding up the […]

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Notes From Underground: Central bank Poker–Three Checks and, Of Course, No Raises

Notes From Underground: Central bank Poker–Three Checks and, Of Course, No Raises

by / on 10/25/2012, 2:58 PM / in Today's Economy, Stock Market News

Yesterday, the Bank Of Canada surprised no one as Governor Mark Carney held rates steady at 1%. The BOC statement also maintained last month’s idea that “over time, some modest withdrawal of monetary policy stimulus will likely be required, consistent with achieving the 2% inflation target.” The Canadian dollar rallied on the news as it seemed that the market thought […]

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Ottawa: Bank of Canada (Kanadische Zentralbank)

Notes From Underground: Tomorrow, the BOC Will Shine Some Light on Its Plans to Deal With Private Sector Debt Growth

by / on 10/23/2012, 2:27 PM / in Today's Economy, Stock Market News

The Bank of Canada has been the most responsible actor on the global financial scene for the last six years. The Canadian banking system for the most part avoided the credit splurge that led to a collapse bubble and came though the Great Recession relatively unscathed. The Canadian federal government has a debt-to-GDP level of 34% and a very comfortable […]

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John Francis Welch, Jr.
November 19, 1935 (age 76)
Peabody, Massachusetts, U.S.

Notes From Underground: What Jack Welch Squeaks is Meaningless

by / on 10/08/2012, 2:11 PM / in Uncategorized

The tweet heard ’round the world is as meaningless as most of the other rubbish that passes for political discourse in the Grand Republic. It seems that Jim Cramer had it right from the beginning for traders and investors. The only thing that matters is how the markets accept the jobs data and what will its impact be on asset […]

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