Alan Greenspan

Interview With The Ghost Of Ayn Rand

As regular readers know, I am often visited by ghosts when I work late at my office in the historic Helmsley Building. I recently had an encounter with none other than the ghost of Ayn Rand, the creator of the objectivist philosophical movement and author of Atlas Shrugged, an ideological novel that argued for absolute…

FOMC Day! Get Your Programs!

I love FOMC Day!  From the moment I wake up, my stomach is filled with butterflies, really pretty purple and pink ones, as I look forward to the 2 o’clock hour.  At this appointed hour, the chairman of the world’s most secretive monetary institution descends from on high with his stone tablets, which are emblazoned…

Another FOMC Day…Hold All My Calls Until After 2:15

From the New York Times: Investors are hoping for reassuring words from the Federal Reserve. The central bank is widely expected to leave its key rate unchanged at a range of zero to 0.25 percent. Its outlook for the economy, however, is less clear. Gauges of the economy have been improving, but they not yet…