Word: stopped
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...raising short-term rates or just getting out of buying bonds, which has been keeping long rates low? I think the Fed's statements suggest that they really want to exit in some fashion from the buying program. The first step in that direction, logically, would be to stop buying, and our sense is that they're at least going to try that. But based on our forecasts for the second half of the year, they may have to reinitiate it, and that will be difficult to do once they stop because it then becomes a political hot potato...
...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...
...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...
Scott Stewart, vice president of tactical intelligence at the global consultancy Stratfor, says that no matter what type of technology is used at airports, creative terrorists will always find ways to get around it. "Look at prison systems, where searches are far more invasive - they still can't stop contraband from being smuggled into the system," he tells TIME. But when it comes to the full-body scanners, Stewart says the bigger concern is that authorities may be diverting scarce security resources away from more proven measures, like training airport staff to detect suspicious behaviors in would-be attackers before...
...this is indeed the case, then the attack on the Danish cartoonist, which may or may not have been part of the group's plans, raises the question of whether the Kenyan police have the capacity to stop potential Somali attackers from entering their country and possibly continuing on to other nations...