"Economy" Posts
What does Fed Chairman, Mr. Bernanke, know that we don’t?
By Lawrence
US Federal Reserve Open Market Committee (FOMC) made the announcement last Thursday that it is going to buy $40 billion MBS (mortgage backed securities) every month with no expiration date and that the low interest rate will be kept until at least 2015. As a market participant (i.e. trader) I do not really give a […]
Left Over Packing Supplies
Was stuck at the Princess Margaret Hospital over better half of the day. Saw this in the hospital. The design is cute but it is not a good sign for the economy. It is a Halloween themed box for packing Tim Bits (mini donuts). Halloween is over for more than 3 weeks yet the packaging […]