Home » Posts tagged 'us federal reserve' (Page 63)
Tag Archives: us federal reserve
The Liquidity Punch Bowl
THE LIQUIDITY PUNCH BOWL It is appropriate with the inauguration of this weekly column to look at the “Big Picture”. The biggest risk to world stock markets, and asset prices in general, in 2018 is that G7 central banks (led by the Federal Reserve) are finally attempting to normalise monetary policy nine years after the […]
Central Banks Put a Safety Net Under Financial Markets
Central Banks Put a Safety Net Under Financial Markets Most early business cycle indicators suggest that the global economy is pretty much roaring ahead. Production and employment are rising. Firms keep investing and show decent profits. International trade is expanding. Credit is easy to obtain. Stock prices keep moving up to ever higher levels. All […]
Happy Landings
Happy Landings The blow-off orgy in the stock markets is supposedly America’s consolation prize for what many regard as the electoral bad acid trip of the Trump presidency. Sorry to tell you, it’s just another hallucination, something you’re going to have to come down from. Happy landings! While the markets have roared parabolically up, in […]
“This Is 1987”: Some “Haunting Math” On Today’s GDP Number From David Rosenberg
“This Is 1987”: Some “Haunting Math” On Today’s GDP Number From David Rosenberg When discussing today’s unexpectedly weak Q4 GDP print, which came in at 2.6%, far below consensus and whisper estimates in the 3%+ range, and certainly both the Atlanta and NY Fed estimates, we pointed out the silver lining: personal spending and final […]
The Coming Market Crash Will Set Off The Biggest Gold Panic Buying In History
The Coming Market Crash Will Set Off The Biggest Gold Panic Buying In History The leverage in the economic system has become so extreme; investors have no idea of the disaster that is going to take place during the next stock market crash. The collapse of the U.S. Housing and Investment Banking Industry in 2008 […]
Flying Blind, Part 2: The Destruction Of Honest Price Discovery And Its Consequences
Flying Blind, Part 2: The Destruction Of Honest Price Discovery And Its Consequences In Part 1 we noted that the real evil of Bubble Finance is not merely that it leads to bubble crashes, of which there is surely a doozy just around the bend; or that speculators get the painful deserts they fully deserve, which is coming big time, too; or even […]
Trump & the Fed: US Shadow Bankers About to Deepen Control of US Economy
Trump & the Fed: US Shadow Bankers About to Deepen Control of US Economy What’s sometime referred to as ‘shadow bankers’ have been running the economy and drafting US domestic economic policy since Trump took office. ‘Shadow’ banks include such financial institutions as investment banks, private equity firms, hedge funds, insurance companies, finance companies, asset […]
Why the Next Downturn “Will Not Look Like 2008”
Why the Next Downturn “Will Not Look Like 2008” Nine years of scorched-earth monetary policies come home to roost. There are always cycles. The current cycle started at the bottom of the Great Recession and will last “until central banks put on the brakes,” said Ray Dalio, founder of Bridgewater Associates, in an interview with […]
Fed Scared to Death of Causing Global Financial Crash – Nomi Prins
Fed Scared to Death of Causing Global Financial Crash – Nomi Prins Two time, best-selling author Nomi Prins says central bankers have no idea how to stop the easy money policies that they started after the financial meltdown of 2008. Prins explains, “So, when the Fed says they are going to remove assets from their […]
Central Banks: From Coordination to Competition
Central Banks: From Coordination to Competition This is one reason why I anticipate “unexpected” disruptions in the global economy in 2018. The mere mention of “central banks” will likely turn off many readers who understandably have little interest in convoluted policies and arcane mumbo-jumbo, but bear with me for a few paragraphs while I make […]
Bond Market Smells Inflation, Begins to React
Bond Market Smells Inflation, Begins to React Inflation expectations now exceed the Fed’s target. The 10-year US Treasury yield breached 2.5% on January 9 and hasn’t looked back since, closing on Friday at 2.55%. The three year yield closed at 2.12%, the highest since October 2008. The two year yield, after breaching 2% on Friday […]
As the Controlled Inflation Scheme Rolls On
As the Controlled Inflation Scheme Rolls On Controlled Inflation American consumers are not only feeling good. They are feeling great. They are borrowing money – and spending it – like tomorrow will never come. After an extended period of indulging in excessive moderation (left), the US consumer makes his innermost wishes known (right). [PT] On Monday the Federal Reserve […]
Party While You Can – Central Bank Ready To Pop The ‘Everything’ Bubble
Party While You Can – Central Bank Ready To Pop The ‘Everything’ Bubble Many people do not realize that America is not only entering a new year, but within the next month we will also be entering a new economic era. In early February, Janet Yellen is set to leave the Federal Reserve and be […]
The Debt Beneath
The Debt Beneath Debt is irrelevant and matters not. It’s different this time. That’s the message from politicians, markets and participants. Tax cuts pay for themselves (they do not), leverage doesn’t matter (it does) and the increased costs of servicing the debt as a result of rising rates will be offset by imaginary real wage […]
The Economic Benefits of Ending the Fraud of Fractional Reserve Banking
The Economic Benefits of Ending the Fraud of Fractional Reserve Banking Fractional reserve banking (FRB) is fraudulent. It should be prosecuted as a crime rather than accepted as normal practice under current banking laws. Any society that respects property rights and the rule of law would not allow it. For those unfamiliar with the term […]
