Silver as an investment

Category Archives: Minneapolis Fed

Here Is Your Chance To #AskNeel Kashkari Anything

It’s that time again: Minneapolis Fed president, TARP creator and former Goldman and PIMCO employee Neel Kashkari is holding one of his periodic “open” twitter forums, where he will be taking questions from the general audience at 3:30pm ET. .@neelkashkariwill be taking questions starting at 2:30p CT. Use #AskNeel to participate. pic.twitter.com/3iCBjylw5c — Minneapolis Fed […]

Flatliners – Dead Market Walking

Authored by Sven Henrich via NorthmanTrader.com, In the movie Flatliners aspiring medical doctors tried to unlock the mysteries of death by, well, killing themselves. It was meant to be a controlled death of course, to flat line on the heart rate monitor for a few minutes to find out what wonders where to be found […]

Global Stocks Hit Another Record High, Ignore Slowing Chinese Trade

Following a sleepy overnight session, US futures are flat as are markets in Europe, while Asian stocks rose despite overnight trade data from China which unexpectedly missed across the board. As reported last night, Chinese export growth was the slowest since February while Import growth the weakest since Dec 2016, as both missed consensus estimtes. […]

Tales From The FOMC Underground

Authored by EconomicPrism's MN Gordon, annotated by Acting-Man's Pater Tenebrarum, A Great Big Dud Many of today’s economic troubles are due to a fantastic guess.  That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would feel […]

“The Day Of The Dovish Hike?”

The paradox continues: on one hand stocks continue to anticipate a reflating economy, with S&P futures hitting a new all time high overnight; on the other hand, the weaker dollar and especially Treasury yields are increasingly worried that today’s rate hike, the 4th in the past decade, will be another policy error, leading to more […]

Goldman: The Fed Will Hike This Week, But Here Are “The Two Most Interesting Questions”

On Wedensday the FOMC will hike rates by another 25 bps – an event which the Fed Funds market prices in with near virtual certainty, while Goldman calls the rate increase “extremely likely” – and only a “tail” event like an extremely weak CPI report on Wednesday morning, hours ahead of the Fed announcement, has […]

Key Events In The Coming Week: FOMC Minutes, GDP, BOC, OPEC And More

The key highlights in the coming week are the Fed minutes, the Eurogroup meeting on Greece, the OPEC meeting and Bank of Canada rate decision. We also get GDP releases in the US, Eurozone, and UK, while a murder (or gaggle) of Fed speaker will highlight virtually every single day, starting with 4 today. Also […]

FOMC Preview: Here Are The Possible Surprises In Today’s Statement

Today’s FOMC announcement at 2:00pm is expected to be mostly a non-event, and the only incremental information will be what is contained in the updated statement, which comes one month ahead of the Fed’s next expected rate hike in June. There will be no press conference and no update to the summary of economic projections. […]

Seven Years Of College Down The Drain

Authored by Nicholas Colas via Convergex.com, Last week’s Beige Book highlighted labor shortages for both skilled and unskilled workers, but perhaps employers are asking too much from certain applicants.   That’s the upshot from a report conducted by the Rockefeller Foundation and Edelman Intelligence, which surveyed C-suite executives, human resource officers, and individuals aged 18 […]

Are 401K Holders About To Feel A Savers Pain?

Authored by Mark St.Cyr, There’s an old truism people forget all too often. It has many variations and is attributed to even more, its core meaning goes something like this: “If the government can give it to you, than it can also take it away.” Some of you might be wondering if I’m talking about […]