David Ader

While the curve has moved to flat as a pancake to a bit inverted and yields open the year near read more

While the curve has moved to flat as a pancake to a bit inverted and yields open the year near 4.38%, we are not excited about further inversion just yet.

We deem this action representative of a market that has lost the flurry of last week's panic buying and instead read more

We deem this action representative of a market that has lost the flurry of last week's panic buying and instead is rethinking its view as to the near-term motivation of the Fed and the impact of Katrina.

Without the benefit of data or issuance, the impetus to extend those gains is limited.

Without the benefit of data or issuance, the impetus to extend those gains is limited.

The suggestions provide framework of how to change our culture. We are going through semester plans and are trying to read more

The suggestions provide framework of how to change our culture. We are going through semester plans and are trying to figure out how to use the suggestions.

Given this is a swan song for Greenspan, I think it's going to be one more of these global topics. read more

Given this is a swan song for Greenspan, I think it's going to be one more of these global topics. There will be very little if anything that will give us any insight into monetary policy.