Silver as an investment

Category Archives: Federal Reserve Board

Stocks Hit New Record Highs, Dollar Jumps On Senate Vote; Japan Has Longest Winning Streak In History

Global stocks hit new all time highs overnight, with US stock-index futures, Asian and European stocks all rising overnight after the Senate adopted a fiscal 2018 budget resolution, paving the way for Trump’s $1.5 trillion in tax cuts, while news that “dove” Jay Powell may be the next Fed chair added to the risk-on sentiment. […]

Dumb – And Dumber – Money Keeps Pouring In

Authored by John Rubino via DollarCollapse.com, Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don’t care about (or understand) the prices they’re paying. Millennials, for instance, […]

It Takes Most Students Twice As Long As They Hoped To Pay Off Their Student Loans

About 70% of college students – equal to about 44 million Americans – owe a collective $1.4 trillion in student debt. And while the standard repayment plan for federal loans suggests that they should take no more than 10 years to pay back, in reality, it regularly takes twice that long. “Research from Citizens Financial […]

Presenting 100 Years Of Geopolitical Risk

While we can track policy uncertainty (and its decoupling from global market risk perceptions)…   And we can follow the relative level of "crisis" and the market's complacency of it (risk perceptions collapsing as "crisis" explodes)…   Geopolitical tensions, which take many different forms, are however difficult to measure. One proxy for assessing the geopolitical […]

Bob Prechter Warns Market Correction “Larger Than The Malaise Of The ’30s” Looms

Authored by Avi Gilburt via MarketWatch.com, I recently interviewed Prechter, who released a ground-breaking book, “The Socionomic Theory of Finance,” at the end of December. In the 813-page book, which took 13 years to write, he proposes a cohesive model that takes into account trends in sociology, psychology, politics, economics and finance. I highly recommend […]

Key Events In The Coming Week: French Election, Earnings, Manufacturing, Housing

This week will be dominated by the first round of the French presidential election on Sunday. With the number of undecided voters remaining high, four candidates look set to fight for the two places in the second round on 7 May. On the data side, following China’s strong economic report, attention will focus on US […]

Richmond Fed President Lacker Resigns After Admitting He Leaked Confidential Fed Information

We can now close the case on who leaked that confidential, market-moving data to Medley global back in 2012: it was Richmond Fed’s Jeffrey Lacker, who previously was expected to retire in October, and  is resigning immediately. In a statement, Lacker confirms he revealed confidential FOMC information to Medley Global and that he lied to […]

The Fed’s General Counsel Is Retiring

Who can forget the infamous 2009 exchange between Alan Grayson and the Fed’s General Counsel Scott Alvarez in which the Florida Democrat unleashed on the Fed: Alan Grayson: I would like to know whether it is within the Federal Reserve’s legal authority to try to manipulate the stock market or the futures market. Federal Reserve […]

Key Events In The Coming Week: All Eyes On Trump

The main economic release this week is US retail sales, ECB minutes and a series of Chinese economic releases. There are several scheduled speaking engagements from Fed officials this week, including a webcast address by Chair Yellen on Thursday. However, the highlight of the upcoming first full week of 2017 might well be President-elect Trump’s […]

The Case Against Fed Reform

Submitted by Tho Bishop via The Mises Institute, This week the 115th Congress was sworn in, and there are some indications that Fed reform may be on the agenda. The combination of populist anger fueled by Ron Paul’s Presidential campaigns and the 2008 financial crisis coupled with the repeated failings of the Federal Reserve to […]