Fed Watch

Ben Bernanke

"Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly." ~ Ben Bernanke

The 2008 Beige Book: Summary of Commentary on Current Economic Conditions by Federal Reserve District

2008 Beige Book by Federal Reserve District

"Any investment strategy
should include knowledge of the Federal Reserve, their influence and their actions." JP

"I firmly believe that the storms that are approaching the United States economy have developed largely in part by the actions of the Federal Reserve Bank 'pumping money' into the monetary system. The credit bubble, which is the largest storm cloud on our horizon, has grown to epic proportions during the last decade." ~ Jim Puplava, July 2000

bullet MarketWatch New Era
bullet CNN Money Report
bullet Definitions
bullet Encyclopedia on the Fed
bullet FED 101
bullet Federal Reserve Board
bullet Google Fed

These sites have a wealth of economic information:

    Atlanta FRB
    Chicago FRB
    Cleveland FRB
    Dallas FRB
    Kansas FRB
    Minneapolis FRB
    New York FRB
    Philadelphia FRB
    St.Louis FRB
    San Francisco FRB

bullet Fed Scorecard/The Street
bullet FMC on Fed
bullet FOMC
bullet FRB Statistical Releases
bullet FRED - Economic Data
bullet Prime Interest Rates
bullet The Beige Book
bullet The Federal Reserve Act
bullet White House Briefing
bullet Yahoo! News on the Fed

WHAT LIES BENEATH?
TSUNAMI!
The Perfect
Financial Storm

The one lesson history teaches in the financial markets is that there will come a day unlike any other day. At this point the participants would like to say, "all bets are off", but in fact, the bets have been placed and cannot be changed. The leverage that once multiplied income will now devastate principal.” 
~ Martin Mayer, 1999

FSO Articles of Interest
The Two Bens by Jim Puplava
Dr. Ben Bernanke Appointed Chairman of the Board
G. Edward Griffin 2006 interview on FS Newshour Transcript

Interesting Articles
Greenspan's Changing Tune
When Rates Are Cut  |  When Rates Are Raised
Congressman McFadden's Speech to Congress, 1934 "An Astounding Exposure"

11/15/05  Bernanke: Nomination Hearing
11/11/05  Fed: Discontinuance of M3
06/11/03  Ferguson Speech & "Unconventional Means"
11/21/02  Bernanke: Deflation-Making Sure "It" Doesn't Happen Here
11/20/02  Ferguson: Financial Engineering & Financial Stability
11/19/02  Greenspan: Int'l Financial Risk Mgmt.

Interesting reference sent by FSO Visitor,
Head of Research at a Foreign Bank
International Finance Discussion Paper No. 641, July 1999
Monetary Policy & Price Stability link to pdf report
Note in particular pages 26 - 28

Famous Irrational Exuberance Speech
Remarks by Chairman Alan Greenspan
"But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade?" At the Annual Dinner and Francis Boyer Lecture of The American Enterprise Institute for Public Policy Research, Washington, D.C. Dec. 5, 1996

Books & Expert Interviews
Dr. Lawrence Parks, What Mr. Greenspan ReallyThinks. 11/09/02 transcript
Greenspan: The Man Behind Money by Justin Martin Book Info
"The Greenspan Effect: Words That Move the World's Markets"
by Jeffrey L. Cruickshank and David B. Scilia BookInfo

Historical Fed Reserves   The Public Debt to The Penny

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