Category Archives: U.S. Economy

Investment Firms Tap Fed for Billions

Posted on March 21, 2008 by John Rutledge

(March 21, 2008) – On Monday I wrote about the Achilles heel of the Fed’s new loan facilities. Every dollar they lend to troubled banks through the new facilities sucks one dollar of existing reserves out of healthy banks through … Continue reading →

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Initial Claims +22,000

Posted on March 20, 2008 by John Rutledge

(March 20, 2008) – This week’s initial unemployment claims number is about as exciting as kissing your sister. (Well, maybe except for Angelina Jolie’s brother–those lips are huge!) Initial claims numbers bobbing around in this range tell us what we … Continue reading →

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