GregFeirman's blog

The last six trading days have been characterized by a slow, mindless, grind higher.  The S&P has tacked on 17 points on lackluster volume.  NYSE Composite volume for the last si

I wrote this in response to a friend who said he agreed with Goldman Sachs that austerity is the biggest threat to the economy.  After all, look at Britain (see, for example,  Tags:

• economy
• Government Budgets
• markets

Those who dance are fools; those who don’t are fools. Since both are fools, it’s better to dance. - Japanese Proverb

Two Thursdays ago, Goldman Sachs came out with their 2011 US Equity Forecast titled “Easy Money, Hard Market”.  But they aren’t forecasting too hard of a market given that th

Can the market breakout through the top of the range and resume the bull market that began in March 2009?  Or have Republican gains in the coming midterm election as well as QE2 from the

“It’s a one-way street; clients are rotating into equities,” a top trader said.  Why?  Investors expect Republicans to win mid-term elections on Nov.

The Federal Reserve is close to embarking on another round of monetary stimulus next week, against the backdrop of a weak economy and low inflation—and despite doubts about the wisdom and eff

If the FOMC were to move forward with an expansion of the balance sheet, it would presumably want to take into consideration the perspective gained from the asset purchases conducted from late 2008

It is an extraordinary measure for a central bank, particularly the purchase of financial assets to encourage the decline in risk premiums.  To be explicit on that point and to extens

As many households and small businesses are being turned away by bank loan officers, large corporations are borrowing vast sums of money for next to nothing — simply because they can.