Silver as an investment

Category Archives: Federal Reserve System

Trump Expected To Announce His Pick For Fed Chair In Next Two Weeks

In the latest update on Trump’s search for the next Fed Chair, Reuters reported that the search has narrowed down to 5 finalists – Yellen, Warsh, Taylor, Powell and Cohn (condolences to Jeff Gundlach: his dark horse candidate, Neel Kashkari did not make the cut) – and that after meeting Yellen on Thursday, Trump will […]

Fed To Trump: It’s Our Stock Market Bubble, Not Yours

President Trump continues to exuberantly promote the "unprecedented" stock market rally since his election… It would be really nice if the Fake News Media would report the virtually unprecedented Stock Market growth since the election.Need tax cuts — Donald J. Trump (@realDonaldTrump) October 11, 2017 But just how 'unprecedented' is it? The answer is not […]

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

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 […]

“The Fed Is Afraid…”

Authored by Ryan McMaken via The Mises Institute, Janet Yellen this week cast doubt on the Fed's announced plan to continue Fed rate hikes and reverse its years of "unconventional" monetary policy.  “My colleagues and I may have misjudged the strength of the labor market,” Yellen announced on Tuesday, adding that they'd also misjudged "the […]

Kevin Warsh May Be The Next Fed Head – Let’s See What He Really Thinks

Authored bvy Daniel Nevins via FFWiley.com, As reported earlier this morning by the Wall Street Journal, President Trump and Treasury Secretary Mnuchin met with Kevin Warsh yesterday to discuss the potential vacancy at the Fed next February. Warsh already has central banking experience, having sat on the Federal Open Market Committee (FOMC) from February 2006 […]

Kevin Warsh Fed Chair Odds Soar After WSJ Report Of Trump Meeting

Kevin Warsh’s PredictIt odds to be the next Fed chair soared moments ago after the WSJ reported that President Trump and Treasury Secretary Steven Mnuchin met with the former Fed governor on Thursday to discuss his potential nomination as the next Federal Reserve chairman, “a White House official said, signaling that the West Wing is […]

Stocks Hit New All Time High Just After Bullard Says “Valuations Are Stretched”

With the Fed finally admitting it is confused by the “mystery” of inflation, it has also become painfully clear how perplexed it is by the biggest asset bubble in history that the Fed and its central bank peers have blown. But don’t call it a humorless bubble. Case in point, on Wednesday afternoon, St. Louis […]

Did the Fed Just Broadcast An Inflationary Event is About to Hit?

Yesterday, Janet Yellen stated that the Fed was “wrong” about employment and inflation. I realize that the significance of this might be lost on many individuals. The Fed’s ENTIRE purpose is to pursue “maximum employment” and “stable prices”(aka low inflation). Indeed, these are LITERALLY the words in the Fed’s official “Dual Mandate” from Congress. So […]

One Trader Asks Whatever Happened To “Don’t Fight The Fed?”

Something appears to be off. After two consecutive admissions by Janet Yellen that the Fed has lost its grasp on the “mystery” of inflation, the market no longer appears eager to chase the direction of every Fed proclamation, especially the recent, hawkish ones. And, as Bloomberg’s Mark Cudmore writes this morning, “whether it’s because the […]

Gold Drops, USD Pops As Yellen Warns “Fed Should Be Wary Of Moving Too Gradually”

On the heels of Fed chair Janet Yellen warning of looming inflation and the need for The Fed to perhaps not move as slowly as they have suggested, gold has snapped back below $1300 (erasing North Korean risks) and the dollar is extending gains… As Citi notes, for those hoping for hawkish comments, Yellen has […]