Silver as an investment

Category Archives: Chicago Fed

Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs

By silveristhenew | Published November 22, 2017

Global shares hit another record high on Wednesday, propelled higher by what increasingly more call (ir)rational exuberance, and investors’ unflagging enthusiasm for tech stocks. That said, S&P futures are unchanged the morning before Thanksgiving (at least before the market open ramp), as are European stocks (Stoxx 600 is flat), despite the euphoria in the Asian […]

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Key Events In The Coming Holiday-Shortened Week

By silveristhenew | Published November 20, 2017

It’s a relatively quiet, holiday-shortened (in the US) week, in which volumes are expected to grind lower as we head into the Thanksgiving holiday. In the US, existing home sales will be reported on Tues, expected to edge up to 5.4mn saar in Oct from 5.39mn in Sep. One day later, we get the durable […]

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Global Stocks Tumble, Asia Plunges On Chinese Commodity Carnage

By silveristhenew | Published November 15, 2017

The euphoria of the past month has ended with a thud and BTFDers are strangely missing as the commodity chill out of China (which overnight became full blown carnage), has unleashed a global risk-off phase ahead of today’s critical CPI data, resulting in broad and sharp selling across global markets, as European stocks followed declines […]

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S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High

By silveristhenew | Published October 11, 2017

S&P500 futures point to a slightly lower open, as Asian stocks rise to trade near decade highs, with Japan’s Nikkei 225 closing at highest since 1996. European stocks are little changed, with Spanish shares gaining after Catalan President rows back from an immediate declaration of independence. MSCI's all-world stocks index briefly hit a fresh record […]

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Stupidity Well Anchored: Absurdity of Inflation Expectations in Graphic Form

By silveristhenew | Published September 21, 2017

mishtalk.com / Mike “Mish” Shedlock / September 21, 2017 The amount of sheer nonsense written about inflation expectations is staggering. Let’s take a look at some recent articles before making a mockery of them with a single picture. Expectations Problem On July 17, 2017, Rich Miller writing for Bloomberg proclaimed The Fed Has an Inflation Expectations Problem. Expectations […]

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Key Events In The Coming Week: All Eyes On The (Jackson) Hole

By silveristhenew | Published August 21, 2017

Absent any major geopolitical shocks, it is set to be a quiet summer week ahead with focus on the Jackson Hole conference. On the data front the key releases will be US durable goods and Eurozone PMIs, as well as Japan inflation & UK and Norway GDP. In Emerging Markets, there are monetary policy meetings […]

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Tales From The FOMC Underground

By silveristhenew | Published July 9, 2017

Authored by EconomicPrism's MN Gordon, annotated by Acting-Man's Pater Tenebrarum, A Great Big Dud Many of today’s economic troubles are due to a fantastic guess.  That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would feel […]

Also posted in "monetary inflation", asset price inflation, Ben Bernanke, business, Central Banks, congress, Donner, Economic Bubbles, Economy, Financial economics, Fisher, fomc, Gross Domestic Product, Hank Paulson, IBC General, inflation, Janet Yellen, Las Vegas, macroeconomics, Minneapolis Fed, money, National Football League, Neel Kashkari, New York Fed, Reality, Richard Fisher, St Louis Fed, Twitter, US Federal Reserve, Volatility, William Dudley, Wilshire 5000 | Tagged , , | Comments Off on Tales From The FOMC Underground

June Payrolls Preview: With The Fed On Autopilot, You Can Skip This One

By silveristhenew | Published July 6, 2017

After a poor March jobs report, followed by an April scorcher, then another debacle in May, the June payrolls report due at 8:30am will be… very much irrelevant, because as Citi pointed out earlier, the Fed is now data-independent and will keep hiking until financial conditions finally tighten (read: stocks drop). In other words, with […]

Also posted in "Jobless Claims", Barclays, business, Conference Board, Consumer Confidence, Continuing Claims, CPI, Dallas Fed, Economic indicator, Economy, Economy of the United States, employment, Employment Situation Report, Federal Fund, Full Employment, Initial Jobless Claims, Kansas City Fed, Labor, Labour law, macroeconomics, Market Conditions, Markit, Monetary Policy, Moving Averages, New York Fed, Non-manufacturing ISM, nonfarm payrolls, NY FED, Payroll, Philly Fed, RANSquawk, Richmond Fed, Trump Administration, Unemployment in the United States, Unemployment Insurance, US Federal Reserve | Tagged | Comments Off on June Payrolls Preview: With The Fed On Autopilot, You Can Skip This One

Goldman: The Fed Will Hike This Week, But Here Are “The Two Most Interesting Questions”

By silveristhenew | Published June 11, 2017

On Wedensday the FOMC will hike rates by another 25 bps – an event which the Fed Funds market prices in with near virtual certainty, while Goldman calls the rate increase “extremely likely” – and only a “tail” event like an extremely weak CPI report on Wednesday morning, hours ahead of the Fed announcement, has […]

Also posted in Atlanta Fed, business, Core CPI, CPI, Debt Ceiling, Disinflation, economic policy, Economy, Federal Open Market Committee, Federal Reserve System, inflation, James B. Bullard, Jan Hatzius, Macroeconomic policy, macroeconomics, March FOMC, Minneapolis Fed, Monetary Policy, money, New York Fed, Philadelphia Fed, Quantitative Easing, Recession, Richmond Fed, San Francisco Fed, US Federal Reserve, Yield Curve | Tagged , | Comments Off on Goldman: The Fed Will Hike This Week, But Here Are “The Two Most Interesting Questions”

Key Events In The Coming Week: FOMC Minutes, GDP, BOC, OPEC And More

By silveristhenew | Published May 22, 2017

The key highlights in the coming week are the Fed minutes, the Eurogroup meeting on Greece, the OPEC meeting and Bank of Canada rate decision. We also get GDP releases in the US, Eurozone, and UK, while a murder (or gaggle) of Fed speaker will highlight virtually every single day, starting with 4 today. Also […]

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