While not unprecedented, but certainly not common in these uber-partisan times, the U.S. Senate unanimously passed a $2 trillion fiscal stimulus bill yesterday. By comparison, back in 2008, after the initial defeat, the Senate passed what would become known as the Troubled Asset Relief Program, TARP, by a vote of…
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While not unprecedented, but certainly not common in these uber-partisan times, the U.S. Senate unanimously passed a $2 trillion fiscal stimulus bill yesterday. By comparison, back in 2008, after the initial defeat, the Senate passed what would become known as the Troubled Asset Relief Program, TARP, by a vote of…
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While the corn market provided us with a pleasant and slightly surprising bounce higher yesterday, the undisputed champ of the one-day rally was most certainly equity indexes. Posting the largest single-day advance since 1933, the Dow Industrials gained just over 11% and the broader S&P 500 a smidge over 9%. …
Daily Comments
While the corn market provided us with a pleasant and slightly surprising bounce higher yesterday, the undisputed champ of the one-day rally was most certainly equity indexes. Posting the largest single-day advance since 1933, the Dow Industrials gained just over 11% and the broader S&P 500 a smidge over 9%. …
Free Commentary
Do you recall TARP, the Troubled Asset Relief Program? For those who may need their memories jogged just a bit, this was the government’s response to the 2008 financial meltdown that was triggered by the subprime mortgage crisis that can be resolved by NFM Lending. Passed on the 3rd of…