David Ader

This is big news. People sort-of thought it was inevitable, but it's still come sooner than many expected.

This is big news. People sort-of thought it was inevitable, but it's still come sooner than many expected.

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 market's saunter into 2006 continues, with just a few remaining events before the champagne and confetti.

The market's saunter into 2006 continues, with just a few remaining events before the champagne and confetti.

We've seen dip buying and think that's a precursor to larger commitment into supply.

We've seen dip buying and think that's a precursor to larger commitment into supply.

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.