April 30, 2008 | Posted by Jorge The FOMC this afternoon cut the Federal Funds Rate and the Discount Rate by 25 basis points to 2.00% The following is the text of the FOMC announcement.
Categories: FOMC | 
Tags: Discount Rate, Features, Federal Funds Rate, FOMC | 
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April 15, 2008 | Posted by Jorge This morning, PPI and PPI Core numbers were released for the month of March. PPI came in at 1.1%, about 0.5% higher than estimates. PPI Core came in line with estimates at 0.2%. For a quick recap of PPI and PPI Core, here’s a link to the PPI homepage at the Department [...]
Categories: Earnings Report, Equities, Market Pulse | Tags: Crude, Features, INTC, PPI, WM | Comments
April 11, 2008 | Posted by Jorge General Electric (GE) reported earnings this morning, missing analysts estimates by 7 cents (44 v. 51 estimate). While an estimate miss is never great, lowering yearly estimates can be a sign of slower times. In this case, with GE being the 4th largest, multi-faceted company, any reduction in estimates can be described as [...]
Categories: Earnings Report, Equities, Market Pulse | Tags: Features, GE, INDU, VIX | Comments
April 9, 2008 | Posted by Jorge Our new design is now live! It’s a bit more functional than the previous design and the addition of the video section is nice for those lazy days when one needs to kill some time. In the future, it’s definitely a nice section to place videos created specifically for the blog but for [...]
Categories: Blog Updates | Tags: Features | Comments
April 9, 2008 | Posted by Jorge Oil inventories reported a draw down of 3.2 million barrels versus an estimated 2.2 million barrel increase in crude inventories for last week. The result has been oil racing upwards, briefly touching $112 a barrel and retreating near $111.70. The unexpected draw down, in connection with the higher than expected inventories reported earlier [...]
Categories: Alerts, Market Pulse | Tags: Features | Comments