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...that said, I think they'll stop buying mortgage-agency securities, and the trillion-and-a-half-dollar check that's been written over the past nine to 12 months basically disappears. It's significant from the standpoint of interest rates and interest-rate spreads in certain sectors. And I would even go so far as to say it might be a mistake. (See the best business deals...
...consider to be a problem, but I think the market does - and so the Fed will probably be working in the direction of pulling some of the liquidity out of the marketplace. They won't sell - it's a near impossibility to unload what they've purchased over past 12 months. But they'll at least stop buying. (See the worst business deals...
Bassett, a defenseman, assisted on Yale forward Bray Ketchum’s goal just past the midpoint of the game. And three minutes later, Buesser dished the puck to McDonald, who beat her former Boston College teammate, Molly Schaus, to cut the deficit...
...proven to be remarkably similar to those of the second-term, chastened-by-reality George W. Bush. Indeed, anti-war Democrats groaned when the President, in his Nobel Peace Prize acceptance speech, referred to "evil in the world" and hailed America's willingness to use force abroad over the past six decades as an essential component of global security. The neoconservatives cheered. (See a report card on Obama's first year...
Faced with escalating turmoil, Iran's newly militarized regime now appears to be turning to the Tiananmen model to ensure its survival. The theocracy has signaled over the past week that it will exercise extraordinary military and judicial powers against opposition leaders, dissidents, street protesters and even sympathizers to end the growing turmoil. The regime's most urgent goal is to prevent opposition activists from turning next month's 11-day celebration marking the Shah's ouster in 1979 into a counterrevolution against his successors...