tomnleeryan

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    • Thu May 22nd 11:23 AM
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      Commented on:
      Wall Street Breakfast: Must-Know News
      I remember the Carter - era lines at gas stations, and the NO GAS signs too.... and the price controls that followed and made things worse.
      Now I have experienced some long lines like that at the COSTCO discount gas pump. More people are gassing there to get a few cents off the price of gas at their neighborhood station, making for a much longer wait, much longer lines at COSTCO out in Puget Sound's Kitsap Peninsula. We've been gassing there for years, and breezed through until this month.
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    • Sun Apr 15th 11:03 AM
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      Commented on:
      Is the Fed's Impact Waning?
      The Fed may be ineffective in any causality... but they still have a pyschological effect on market behavior. The throngs of brokers and managers are so scared of getting caught behind a market move, they tend to overreact to things they consider signals. As long as this human misbehavior persists, The Fed will be relevant whenever they act, and the market will react.
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