Fed Watch

"Any investment strategy should include knowledge of the Federal Reserve, their influence and their actions." JP

Fed Watch Links

http://www.bankrate.com/brm/news/fed/fedwatch.asp

http://www.financialsense.com/resources/fed/fedwatch.htm

CURIOUS FED COMMENTS

"The Fed's so-called beige book regional survey said more manufacturers were able to pass on cost increases to customers, though with only limited effect on consumer prices. "

March 22nd 2005

"The economics of retirement are straightforward: Enough resources must be set aside over a lifetime of work to fund consumption during retirement. At the most rudimentary level, one could envision households actually storing goods purchased during their working years for use during retirement. Even better, the resources that would have otherwise gone into producing the stored goods could be diverted to the production of new capital assets, which would produce an even greater quantity of goods and services for later use. In the latter case, we would be raising output per worker hour, our traditional measure of productivity."

March 15th 2005