Confluences are the building blocks of the world’s waterways. When two or more rivers meet, changes in velocity and turbulence tend to result in geologic scouring; erosive activity that may alter the shape of the river and its bed. The action may produce a ‘scour hole’ downstream from the confluence. For a river runner, a… Click for more / Podcast Player>
Last week was crunch time in the National Football League (NFL). With the 2013 regular season approaching rapidly, NFL teams cut about 700 players from their rosters over the Labor Day weekend. That was a big cut—about a 40 percent drop in player employment—as rosters were pared from 90 to 53 players. However, it’s not… Click for more / Podcast Player>
“So much depends / upon / a red wheel / barrow / glazed with rain / water / beside the white / chickens.” Well, the U.S. Federal Reserve’s monetary policy is a lot more complex than the simple tools mentioned in the oft-memorized William Carlos Williams’ poem, The Red Wheelbarrow, but an awful lot is… Click for more / Podcast Player>
Robert Burns, father of fourteen and writer of Auld Lang Syne, once said, “There is no such uncertainty as a sure thing.” Was he ever right! Here are a few sure things: · The Federal Reserve intends to reduce economic stimulus by tapering quantitative easing (QE). · Federal Reserve Chairman Ben Bernanke plans to retire.… Click for more / Podcast Player>
You say to-may-to. I say to-mah-to. You have to be a careful reader to keep up with the Federal Reserve these days. Last week, the Fed re-characterized the pace of economic growth in the United States from ‘moderate’ to ‘modest.’ According to Wall Street Journal blog, Real Time Economics, “economic data show that ‘modest’ is… Click for more / Podcast Player>
Singing the earnings song… Each year, in January, April, July, and October, most publicly-traded companies announce their corporate earnings results. These announcements can have a dramatic effect on companies’ share prices – and markets – especially when companies don’t meet analysts’ expectations. Listen Mobile: Unfortunately, as The Wall Street Journal pointed out, financial companies have… Click for more / Podcast Player>