Silver as an investment

Category Archives: fomc

Former Fed Governor: “The Fed Isn’t As Independent As Many Think”

With every passing day, the Fed is slowly losing the game, a point made earlier today by SocGen’s Albert Edwards who wrotes that “Citizens Will Soon Turn Their Rage Towards Central Bankers.” And it is not just skeptical pundits, and former (and in some cases current) Fed presidents admitting central banks are increasingly powerless to […]

When Doves Fly – Bond Market Turbulence Ahead – by Michael Carino

  It is largely acknowledged that after a decade of unprecedented monetary accommodation in the US and abroad, bond markets are extremely overvalued.  Globally, central banks are trying to slowly deflate this bubble but the beast created is not easily broken.  A decade of manipulating bond prices has created a small consortium of large balance […]

Trader: “We Need Another 20 Basis Points For The Entire Narrative To Change” / by Tyler Durden / Jun 20, 2017  9:27 AM As noted yesterday, Bloomberg trading commentator Richard Breslow refuses to jump on the bandwagon that the Fed is hiking right into the next policy mistake. In fact, he is pretty much convinced that Yellen did the right thing… she just needs some help from future inflationary print […]

Fed’s Kashkari Publishes Essay Explaining His Dissent, Chalking Up Yellen’s Decision Making to ‘Faith’ / Dr. Fly / Jun 18, 2017 Serious question, how long until Neel is out at the Fed? Clearly, he’s an independent thinker, espousing views that are very popular on Wall Street. His outward resistance against the Yellen hegemony is both entertaining and refreshing. However, I am skeptical he’ll be able to keep it up without […]

Emerging Markets Preview: Week Ahead / Dr. Win Thin / Jun 18, 2017 EM FX was mixed Friday to cap off a mostly lower week.  Obviously, we’re seeing a bit of a washout in EM after the hawkish FOMC.  Market was overly complacent and very long EM going into the FOMC meeting.  The big question is how deep this selloff gets. […]

In the Run-Up to the FOMC / by Marc Chandler / June 14, 2017 The US dollar is narrowly mixed ahead of the FOMC meeting, where a dovish hike seems widely expected.  The Australian dollar is leading the dollar bloc and Scandis higher.  The Aussie had to shrug off soft consumer confidence a day before the monthly employment report and perhaps […]

Stock Prices Climb as FOMC Debates Rate Hikes / by Garrett Baldwin • June 13, 2017 stock prices climbed as investors wait to see if the Federal Reserve will raise rates at the conclusion of the June FOMC meeting tomorrow. Here are the numbers from Tuesday for the Dow, S&P 500, and Nasdaq: Index Closing Point Change Percentage Change Dow Jones 21,328.47 +92.80 +0.44% […]

The Same Crossroads / by Jeffrey P. Snider / June 6, 2017 Writing earlier this year on the topic of the Fed’s future balance sheet reductions, Ben Bernanke had occasion to recount his experience from 2013. It was a stressful time for the Fed after they panicked into QE3 (and then QE4) and then almost panicked right out of it. […]

May Payrolls Preview: The Tiebreaker / by Tyler Durden / Jun 2, 2017 5:22 AM After a poor March jobs report, followed by an April scorcher, the May payrolls report due at 8:30am on Friday will be the tiebreaker, not only for the current state of the economy where both soft and hard data have been deteriorating in recent weeks, but perhaps […]

Here Is The Latest Breakdown Of Fed Hawks And Doves / by Tyler Durden / May 24, 2017 12:24 PM Ahead of today’s FOMC minutes, UBS reminds us that there has been substantial turnover on the FOMC, and so the Swiss bank has updated its periodic commentary on FOMC participants, as well as its popular “hawk-dove” chart. While many of the actors are well-known, there are some […]