The Debt Ceiling: What you Should Know Now.

We’re kicking the can down the road. Again. Now the debt ceiling debate is tabled for several months (until May 18). However, two make-or-break opportunities are pending for negotiations over the budget. Unless Congress acts by March, the pending sequester would trigger close to $1 trillion in defense and non-defense spending cuts that no one […]

The Curious Case of Benjamin Bernanke (and Why he Won’t Press the Interest-Rate Button)

Short-term interest rates remain frozen near the sub-zero mark. And it feels like a very frigid winter coming.  So much time has passed, Ben Bernanke, the savior of our financial system in 2008, has now been reduced to the thorn of savers across the country; if this situation continues he’ll be burned in effigy on […]