From the Richter Scales, a San Francisco area a cappella group, to the tune of “It’s a Fine, Fine Line Between Love and a Waste of Time” from the musical Avenue Q (thanks for the tip, Julie). As Fed-related musical humor goes, it’s no “Every Breath You Take“, but it’s actually kind of nice to [...]
Barbara Kiviat has a very entertaining piece up on Time.com about the visit she paid yesterday to a Greenspan book signing down at the Wall Street Borders. A highlight: So, had they read the book, which had been selling since the day before? No. But the question prompted Oliver Young to remove his copy from [...]
This morning’s inflation report–CPI down 0.1%, core CPI up just 0.2%–supports the case that maybe the Fed’s big rate cut yesterday was less a Wall Street bailout than plain old-fashioned monetary policy. One month of data isn’t what you could call conclusive evidence and it’s hard to look at the rising price of oil and [...]
