Despite some people having it on good authority that the federal government shutdown isn’t actually a big deal, it must be noted that the stalemate is keeping federal prosecutors from doubling the number of Rajaratnams in jail.
A regional Fed bank president and a man of many enthusiasms suggest that there will be no taper in your trick-or-treat bag or under your Christmas tree.
Yea, we know: This was it. This was going to be the Fed Open Market Committee meeting that would mark the beginning of the end of QE3. Everyone (well, almost everyone) was sure of it. Until, like all of the previous meetings that were supposed to mark the beginning of the end, it didn’t. The […]