Home » Posts tagged 'interest rates' (Page 48)
Tag Archives: interest rates
The Fed Is Bluffing
The Fed Is Bluffing Interest Rates Won’t Rise in 2015 The Janet Yellen Fed will not raise interest rates in any meaningful way anytime soon. Instead, she will announce new QE programs. On Wednesday, red was showing up just about everywhere – U.S. stocks, European stocks, Asian stocks, emerging markets stocks, crude oil… but it […]
Yes, We Have No Bananas–or Rate Hikes
Yes, We Have No Bananas–or Rate Hikes The world’s most powerful central bank is relying on a novelty tune to maintain the hyper-speculative status quo. Back in the Roaring 1920s, a novelty song entitled Yes! We Have No Bananas (1923) was a major hit. The song made fun of a fruit vendor who answered “yes” to every query–even […]
It Starts: Broad Retaliation Against China in Currency War
It Starts: Broad Retaliation Against China in Currency War The biggest global “tail risk” is China’s deteriorating economy and an emerging market debt crisis, according to BofA Merrill Lynch’s monthly poll of fund managers. And 48% of them were expecting the Fed to raise rates, despite languid growth and low inflation expectations. Hot money is already fleeing emerging […]
More Trouble In Turkey As Lira Plunges To New Lows, Bond Yields Soar
More Trouble In Turkey As Lira Plunges To New Lows, Bond Yields Soar On Monday, Turkey’s lira plunged to new lows against the dollar as coalition talks between prime minister and AK Party leader Ahmet Davutoglu and nationalist MHP leader Devlet Bahceli broke down. The result, AKP won’t be able to form a coalition government after […]
Will the Fed Hesitate? “Everything is Too Vulnerable” for Rate Change, Says Ron Paul
Will the Fed Hesitate? “Everything is Too Vulnerable” for Rate Change, Says Ron Paul The system is teetering on edge, and nearly everyone in the financial sector is waiting for one decision – will the Fed finally raise rates? Ron Paul has made a bold prediction that the Federal Reserve likely will NOT raise interest […]
Welcome to the world of ZIRP zombies
Welcome to the world of ZIRP zombies Interest rates in the US, Europe and the UK were reduced to close to zero in the wake of the Lehman crisis nearly seven years ago. Initially zero interest rate policy (ZIRP) was a temporary measure to counter the price deflation that immediately followed the crisis, but since […]
What U.S. Fed chair Janet Yellen doesn’t know: Don Pittis
What U.S. Fed chair Janet Yellen doesn’t know: Don Pittis Continued risks to a U.S. and Canadian economic recovery keep us guessing about interest rates If everyone is so confident interest rates are going to go up in the autumn, why doesn’t U.S. Federal Reserve chair Janet Yellen just say they are going to go up in […]
Central Banks Ready To Panic — Again
Central Banks Ready To Panic — Again Less than a decade after a housing/derivatives bubble nearly wiped out the global financial system, a new and much bigger commodities/derivatives bubble is threatening to finish the job. Raw materials are tanking as capital pours out of the most heavily-impacted countries and into anything that looks like a […]
Nine Reasons Why Low Oil Prices May “Morph” Into Something Much Worse
Nine Reasons Why Low Oil Prices May “Morph” Into Something Much Worse Why are commodity prices, including oil prices, lagging? Ultimately, it comes back to the question, “Why isn’t the world economy making very many of the end products that use these commodities?” If workers were getting rich enough to buy new homes and cars, demand for […]
Stephen Poloz’s Zen Moment
Stephen Poloz’s Zen Moment To cut or not to cut, that is the question. And fortunately for Bank of Canada Governor Stephen Poloz, it was a pretty easy question. A lagging US recovery, China’s downturn, lower oil prices and “bad weather” all contributed to this interest rate cut. “I wouldn’t describe it as a close […]
Bank of Canada Decides More Bubble-Blowing is Needed
Bank of Canada Decides More Bubble-Blowing is Needed You Can’t Keep the Printing Press Idle for too Long … We have recently portrayed Canada’s new central bank governor Stephen Poloz, to whom we have alternately referred to as a comedian and a delusional bubble blower. This may perhaps strike some readers as uncharitable; then again, central […]
In A World Of Artificial Liquidity – Cash Is King
In A World Of Artificial Liquidity – Cash Is King And you’d better have some stashed out of the system Global central banks are afraid. Before Greece tried to stand up to the Troika, they were merely worried. Now it’s clear that no matter what they tell themselves and the world about the necessity or […]
ECB, Monetarism and a Greek Half-Decade
ECB, Monetarism and a Greek Half-Decade Greece really should not matter, at all, outside of the tragic plight of the Greeks themselves. You’ll see that message echoed particularly inside the US where the status quo takes a contradictory turn toward reasonableness in order to justify further what isn’t. This is all about asset prices and […]
Seniors going bankrupt in soaring numbers
Seniors going bankrupt in soaring numbers More Canadians are outliving their savings and spending their golden years in debt Judy Southon never imagined it would come to this. She and her husband Vic had good jobs, raised a son and were homeowners. But after a run of bad luck, the 67-year-old wound up deep in debt and […]
The Global Credit Market Is Now A Lit Powderkeg
The Global Credit Market Is Now A Lit Powderkeg And markets are totally unprepared The financial markets have had a bit of a tough time going anywhere this year. The S&P 500 has been caught in a 6% trading band all year, capped on the upside by a 3% gain and on the downside by […]
