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Helicopter Ben

This tag is associated with 4 posts

D&D Note (8-31-2012) ~ Algorithms Get It Wrong?

D&D Note (8-31-2012) Today was the day that every investor, trader, economist, politician, you name it was waiting for. The day when Helicopter Ben gave his speech at Jackson Hole Wyoming. What came out was essentially… more of the same. Immediately the algorithms brought the market straight down. But then we humans… yah people who … Continue reading

D&D Note (7-17-2012) ~ U.S. Stocks Rally, Chinese Tech Gets Hit

D&D Note (7-17-2012) New Oriental Education & Technology (EDU) stock got hit today after the SEC said they are looking into the validity of the company’s past financial statements. This news led to other Chinese tech stocks getting hit on the news as well. Shares of Baidu (BIDU) fell 2.21% to close at $104.98. SINA … Continue reading

D&D Note (4-25-2012) ~ FED Stays Put

D&D Note (4-25-2012)  FED holds rate the same at .0 -.25%. Comments by Helicopter Ben in his news conference helped boost stocks near the end of the trading session, reiterating that the FED still has tools left to use in supporting the economy. The FED also boosted their economic growth projection between 2.4% and 2.9% … Continue reading

D&D Note (3-26-2012) ~ Helicopter Ben to the Rescue (again?)

D&D Note (3-26-2012) Our favorite money printer, Helicopter Ben, made comments today alluding to more QE – QE3. While He didn’t come right out and say more QE – he did make some dovish comments around the current “accommodative monetary policies”. Markets love their sugar fix (at this point we might as well call it … Continue reading