The Fed Ends MBS Purchases

Tuesday, March 16, 2010 , , , 0 Comments

... and we're pretty sure this means they'll still be buying MBSs. You know, precedent and all.

The latest FOMC statement is a dud, as usual, with nothing of note buried in its not-at-all cryptic vernacular. Yawn. Remember when the FOMC used to dazzle with code and clues and innuendo? I want those days back.

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.