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Thursday, December 29, 2011 - 10:14am
Will 2012 be the Year King Dollar Returns?
The US dollar had a bumpy year in 2011. When the dollar's value is measured against other currencies, it will end the year at a level roughly equivalent to where it started. With three days left in the year, the US dollar index will (baring a major shift) close just above 80, roughly where it was...
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Wednesday, November 2, 2011 - 1:04pm
Why We're Getting QE3
We just got the full statement from the FOMC and there were no changes, except one major one. We went from three dissenters to one. The one was a dove, Chicago Federal Reserve President Charles Evans. Evans said that he was in favor of additional easing, which shows that Evans is a bigger dove...
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Friday, September 30, 2011 - 11:47am
Do We Need More QE?
St. Louis Federal Reserve President James Bullard is making some comments that are crossing the wires, and surprisingly, he is talking about the potential for more quantitative easing, despite the fact that Operation Twist has not even started yet. The initial reaction to Operation Twist is...
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Thursday, September 8, 2011 - 10:31am
Let's Do The Twist, Like We Did In The '60's
Last night, in the Wall Street Journal, journalist Jon Hilsenrath essentially told us what we already know. The Federal Reserve is going to act with additional easing. Hilsenrath has long been the preferred mouthpiece of the Bernanke Fed, and to have him write an article like this is not...
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Tuesday, August 30, 2011 - 8:58am
Is QE3 Right Around The Corner?
So much for no QE3, at least if Charles Evans gets his way. Chicago Federal Reserve President Charles Evans was on CNBC just a few minutes ago, and comments from Evans made it sure seem like an additional round of quantitative easing is on its way. Gold, silver, and bonds are moving higher on the...
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Blow For The Bulls As Evans Says Doesn't Want More QE
Tuesday, June 7, 2011 - 11:35am
In what could be described as a blow to bulls, Federal Reserve President Charles Evans has said that he does not want to do additional quantitative easing in an interview with the Wall Street Journal. Evans, who is the president of the Federal Reserve Bank of Chicago, said that he expects growth...
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Chicago Fed: Double Dip Risk Increasing
Tuesday, August 24, 2010 - 11:03am
Chicago Federal Reserve president Charles Evans says the risks of a double dip have increased recently, according to a report from Reuters. "A double dip is not the most likely outcome but I am concerned about how strong the recovery will be," Evans said at a housing event in Indianapolis. Evans...
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