Silver as an investment

Category Archives: House Financial Services Committee

Janet Yellen Is About To Speak: Here’s What To Look For

Fed Chair Yellen will be testifying to the House Financial Services committee at 1000EDT, followed by testimony tomorrow before the Senate Banking Committee (the testimony for both events is likely to be identical, as it has on previous occasions), however her prepared remarks will be released 90 minutes earlier, at 8:30am. Courtesy of RanSquawk, here […]

Deutsche Refuses To Disclose Trump’s Private Account Info – Barrage Of MSM Conspiracy Theories Imminent

A few days ago we noted that DB allegedly requested more time to comply with a letter drafted by the infamous Maxine Waters of the House Financial Services Committee demanding information from on a Russian money laundering scheme and loans made to Trump’s businesses while he was a private citizen.  Without providing any evidence or […]

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 […]

Global Stocks Rise, S&P Futures Make New Record Highs As “Trump Trade” Euphoria Returns

European and Asian stocks, S&P futures, bond yields, the dollar and commodity metals are rose, in some cases making new all time highs, lifted by the latest reemergence of the “Trump trades” as hopeful investors once again bet that the U.S. president’s tax reform plans will boost economic growth and corporate profits, despite another warning […]

Trump, Pence To Meet Goldman COO Cohn (After Ex-Goldman Partner Mnuchin Visits Trump Tower)

Following former Goldman Sachs' partner Steve Mnuchin's visit to Trump Tower this morning (as the decision over Treasury Secretary looms), the Trump transition team just announced that Donald Trump and Mike Pence will meet with Goldman Sachs COO Gary Cohn (but provided no details on whatthey would discuss). As Bloomberg reports, Cohn joins a long […]

Conflicts Of Interest

Submitted by Duane via FMShooter.com, Fed Governor Lael Brainard has donated to Clinton’s campaign and is widely viewed as a potential Clinton pick for Treasury secretary. Yellen hesitated and then demurred when Representative Scott Garrett of New Jersey asked whether Brainard would have a conflict of interest if she were indeed in talks with Democratic […]

Is a Joke? Quartz Bemoans ‘Coarseness’ Aimed at Clinton and Yellen

Via The Daily Bell Janet Yellen’s terrible week signals more about the state of US politics than the US economy … Was Janet Yellen mansplained to by members of Congress who grilled the Federal Reserve chair this week in her semi-annual testimony to the House Financial Services Committee? -Quartz In this short article, Quartz bemoans […]

Crude Declines As OPEC Deal Doubts Emerge; Futures Roll Over

After oil soared over 5% yesterday, its biggest jump since April which pushed the commodity to a three week high on the unexpected announcement that OPEC had agreed on cutting as much as 700kbpd in production (without providing any actual detail who would cut), overnight skepticism and doubts have emerged about the viability and compliance […]