Silver as an investment

Category Archives: Federal Reserve System

Is The Fed About To Drop The MOAB On Wall Street?

Authored by Michael Pento via PentoPort.com, Wall Street and our central bank are in for a rude awakening very soon! The idea that the US economy is on stable footing and about to experience a surge in growth is ridiculous. Hence, the consensus that the Fed can normalize interest rates and its balance sheet is […]

G. Edward Griffin: Exposing The Creature From Jekyll Island

Authored by Adam Taggart via PeakProsperity.com, G. Edward Griffin, the author of the seminal book on the formation of the Federal Reserve, The Creature of Jekyll Island, joins the podcast this week to add his perspective to our ongoing critical examination of the Fed and the impact its actions are having on society. Meeting Ed […]

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 […]

Fed’s Kaplan Warns Trump “US Too Levered To Use Debt For Growth”

Federal Reserve Bank of Dallas President Robert Kaplan had lots to say this morning that, for now, the market has chosen to ignore. He warned “we are highly leveraged” implicitly warning President Trump that the country’s ability to boost growth through debt is limited.   Speaking in Fort Worth, Texas, Kaplan said today that general […]

Yellen’s Self-Serving Assessment: Fed Is “Doing Pretty Well”

Authored by Mike Shedlock via MishTalk.com, Now that the bubbles have been blown (but still remain invisible to the Fed), Fed Chair Janet Yellen Yellen conveniently pats herself and the Fed on the back for a job piss-poorly done. Her self-serving assessment is the Fed is “doing pretty well”. And her new message of the […]

#FordSchoolYellen Q&A Post-Mortem – Janet Yellen’s Greatest Hits

Fed Chair Janet Yellen has just completed her Q&A with Twitter. She did not disappoint… The Economy…  *YELLEN: U.S. ECONOMY IS "PRETTY HEALTHY" Worst economic recovery on record…   *YELLEN: WE MUST SUSTAIN PROGRESS THAT WE HAVE ACHIEVED Current Quarter GDP forecast 0.6%… *YELLEN: APPROPRIATE TO GRADUALLY RAISE FED FUNDS RATE If GDP forecasts for […]

Confusion In Bond World, As Eurodollar Shorts Hit New Record High Over $3 Trillion

One week after we observed the biggest monthly short squeeze in 10Y TSYs in history, it was a relatively calm week in the longer-end of the Treasury curve. According to the latest CFTC data, spec net shorts in aggregate Treasury futures was little changed from the previous week at 612K contracts in TY equivalents. While, […]

Will Trump Stop Plans to Ban Cash in the US?

The biggest trend that continues “behind the scenes” is the War on Cash. Anyone who believed that the political shift towards nationalism would somehow result in the elites giving up their Central Planning schemes is mistaken. Consider Europe… Recently, the European Union announced it would start researching whether or not to put an upper limit […]

Weekend Reading: Markets May Be Getting Expensive

Authored by Lance Roberts via Real Investment Advice, Let me suggest a warning. Two week’s ago, I discussed the failure of Congress to get the Affordable Care Act (ACA) repealed, much less replaced. The problem, of course, is the failure to repeal the ACA leaves in question the ability to pass other agenda based items such […]

A Key Reflation Trade Support Level Just Broke

While most eyes are focused on the longer-end of the curve and the butterfly-rotations in the Treasury complex… RBC's Mark Orsley points out that there is a substantial repricing going on in the front-end that could bleed into the broader reflation theme. Arguably the most popular way in rates to play reflation and the thought […]