Parsing Bernanke: First Trust’s Brian Wesbury on How Fed Chief’s Words Translate to Action—Weekend Interview
If you want insight into what Ben Bernanke really means behind the carefully crafted politico-speak, talk to Brian Wesbury. He says that the Fed will begin raising rates ‘early in 2012.’
Greenspan: Hot Institutional Money in Hedge Funds Could Strain Markets
NEW YORK (HedgeWorld.com)--Federal Reserve Board Chairman Alan Greenspan told a Federal Reserve Bank of Chicago conference Thursday that there are legitimate concerns about the possible adverse effects of hedge funds on derivatives markets and the financial system generally, although hedge funds are increasingly valuable in correcting mispricings and providing liquidity....