Silver as an investment

Category Archives: Alan Greenspan

The Crash Of ’87 Remembered: “It Was Clear The Acapulco Cliff-Dive Was On For Monday”

“The markets in a panic are like a country during a coup, and seen in retrospect that is how they were that day,” wrote a young Salomon bond salesmena named Michael Lewis, of the chaos he witnessed. “One small group of people with its old, established way of looking at the world is hustled from […]

Bond Bear Bubbleheads

financialsense.com / BRADY WILLETT / 08/18/2017 Conventional wisdom holds that with central banks’ beginning to throw their experimental policies into reverse the strings holding the asset price boom together are slowly being cut. No disagreement here. But while the divergence between the fundamentals and asset prices suggests things like equities are in/near bubble territory, the bond market is […]

Brien Lundin: If They Don’t Want You To Own It, You Probably Should

Authored by Adam Taggart via PeakProsperity.com, We're living through the most extraordinary period of monetary manipulation in all of human history. It’s as widespread as it is delusional. One of the most perplexing mysteries to us is that right as the Federal Reserve embarked on QE3 — which was a huge, enormous, $85 billion a […]

Graphic Anatomy of a Stock Market Crash: 1929 stock market crash, dot-com, and Great Recession

The 1929 stock market crash became the benchmark to which all other market crashes have been compared. The following graphs of the crash of 1929 and the Great Depression that followed, the dot-com crash, and the stock market crash during the Great Recession show several interesting similarities in the anatomy of the world’s greatest financial […]

Former Fed Chairman Alan Greenspan Ominously Warns That The Biggest Bond Bubble In History Is About To Burst

Are we right on the verge of one of the greatest financial collapses in American history?  I have been repeatedly warning that our ridiculously over-inflated stock market bubble could burst at any time, but former Federal Reserve Chairman Alan Greenspan believes that the bond bubble actually presents an even greater danger.  When you look at […]

Greenspan Fears Imminent Stagflationary Slump, Warns The Bubble Is In Bonds Not Stocks

Former Fed chair Alan Greenspan blasphemously warned a year ago of an "imminent crisis": "This is the worst period, I recall since I've been in public service. There's nothing like it, including the crisis – remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the […]

All Conundrums Matter

Authored by Jeffrey Snider via Alhambra Investment Partners, Since we are this week hypocritically obsessing over monetary policy, particularly the federal funds rate end of it, it’s as good a time as any to review the full history of 21st century “conundrum.” Janet Yellen’s Fed has run itself afoul of the bond market, just as […]

Why It’s So Difficult To Call The Market Top

Via Global Macro Monitor, This is one of our favorite posts of all-time. Thought it apropos to re-post given that everyone and their mother is trying to call the top in stocks.  It’s all about yield-seeking capital flows, my friends.   Tell us what interest rate is the tipping point which thwarts that behavior and we […]

The Federal Reserve Is A Saboteur – And The “Experts” Are Oblivious

Authored by Brandon Smith via Alt-Market.com, I have written on the subject of the Federal Reserve's deliberate sabotage of the U.S. economy many times in the past. In fact, I even once referred to the Fed as an "economic suicide bomber." I still believe the label fits perfectly, and the Fed's recent actions I think […]

“Central Bankers Aren’t As Clever (And We’re Not As Dumb) As They Believe”

Authored by Jeffrey Snider via Alhambra Investment Partners, To complete a trifecta, maybe someone could interview Alan Greenspan about rational exuberance. The last of the latest Fed Chairmen, Janet Yellen, purports this week that the next financial crisis will not be in “our lifetimes.” The issue, however, isn’t even crisis so much as credibility. Given […]