Silver as an investment

Category Archives: Fellows of the Econometric Society

Obama, Bernanke and Yellen Rigged the Bond Market. Now it’s Trump Turn to Dance or be their Dunce! – By Michael Carino

Government dysfunction is at its worst.  We voted them in.  We have no one to blame but ourselves. Granted, the choices were abysmal. But the Republican and Democratic parties, with no third party competition, can continue to run dysfunctional governments, whittling away our dominant global position until the cracks of our broken government becomes abundantly […]

Another “Recession Dead Ahead” Indicator Just Hit

During the FOMC press conference this week, Janet Yellen was pushed by Bloomberg’s Kathleen Hays to explain why she hiked rates amid what was evidently not a surging economy. While Q1 looks to be the weakest economic growth period for a rate hike since 1980…    Today we got some more weakness-confirming real-time ‘hard’ data […]

The Fed faces Stagflation (Hike or No Hike)

The Fed has completely backed itself into a corner. The truth that no one wants to admit, is that the Fed should have raised rates in 2012. Instead Bernanke “gifted” QE 3 to the Obama admin to help its re-election bid. The Fed finally got around the hiking rates for the first time in seven […]

Why You Should Be Nervous About Janet Yellen’s Speech Tomorrow

While virtually all prominent market commentators, most recently Bloomberg’s Mark Cudmore, now seem convinced that the Fed will hike by 25bps on March 15, when just as recently as a week ago the question was June or September, some are still skeptical. One among them is Vincent Cignarella, FX strategist who writes for Bloomberg, who […]

Peter Schiff: Angry Elites Should “Blame The Fed” For Trump’s Rise To Power

Peter Schiff recently appeared on CNBC’s “Future’s Now” letting millions of American voters know that if they’re frustrated with Trump, they should blame the Federal Reserve.   “If the economy was in good shape, not only would he have not been elected, he wouldn’t have been the Republican nominee.” Peter explained why Fed Chairwoman Janet […]

An Economic Showdown Is Looming

Submitted by Dennis Miller via MillerOnTheMoney.com, The Keynesians and the Capitalists are heading for an economic showdown at the O.K. Corral. Keynesians believe the central government should control the economic levers affecting the masses. The economy can’t be entirely left up to the free market. Big government believers want the “leaders” determining the winners and […]

Donald Trump’s Most Important Fed Appointment (Spoiler Alert: It’s Not The Chair)

Submitted by Peter Conti-Brown via The Yale Journal on Regulation, Given the tumult of the opening weeks of the Trump Administration, the public is forgiven for not realizing that the Administration is woefully understaffed. But even in the flurry of personnel announcements from first the transition team and now the Administration, on the Federal Reserve—perhaps the most […]

Janet Yellen To Class Of 2016: “You’re Entering The Strongest Job Market In A Decade” – Live Feed

Janet Yellen will deliver a keynote address during the University of Baltimore commencement ceremony this afternoon (when she will receive am honorary Doctor of Laws degree). The speech is expected to focus on the state of the jobs market and traders are watching for any hints on the Fed's direction heading into 2017. Before she […]

“It Was A Surprise To Us” – Yellen Reveals How Trump’s Fiscal Stimulus May Have Doomed The Stock Rally

“Some of the participants, but not all of the participants, did incorporate some assumption of a change in fiscal policy into their projections. And that may have been a factor that was one of several that occasioned these shifts.  But I want to emphasize that the shifts that you see here are really very tiny.” […]