Silver as an investment

Category Archives: Monetary Base

Lacy Hunt On The Unintended Consequences Of Federal Reserve Policies

Authored by Mike Shedlock via www.themaven.net/mishtalk, The Financial Repression Authority interviewed Lacy Hunt, Chief Economist at Hoisington Management on Fed policies. The interview below first appeared on the FRA website along with a video. The emphasis in italics is mine. FRA: Hi, welcome to FRA’s Roundtable Insight. Today, we have Dr. Lacy Hunt. He’s an […]

Key Events In The Coming Week: Jobs, Brexit, PMI, IP And More

The first full week of December is shaping up as rather busy, with such Tier 1 data in the US as the payrolls report, durable goods orders and trade balance. We also get UK PMI data and GDP, retail sales across the Euro Area, as well as central bank meetings including Australia RBA and BoC […]

How The Deep State Squeezed America’s Wealth

Authored by Bill Bonner via InternationalMan.com, Salvator Mundi, said to be by Leonardo da Vinci, is the world’s most expensive painting. Last Wednesday, at auction, each square inch was valued at nearly $1 million – including the bummed-up, restored, and damaged parts. The painting may not be da Vinci’s work. Or perhaps, since it has […]

Traders “Swoop” On Stocks, Oil Rises For 8th Day But Bonds Still Don’t Buy It

S&P futures are unchanged and Asian stocks closed mixed, however European stocks rebounded for first time this week, led by auto stocks after Daimler’s quarterly profit, as a break in alarming political news prompted traders to “swoop” – as Reuters puts it – on equities, cooling a safe-haven rally that saw the yen and gold […]

The Questionable State & Abusive Use Of Economics – Part 1

Via Benjamin Masters of RealInvestmentAdvice.com, As lackluster results from rather experimental central bank policies continue to emerge, it’s time to readdress the seemingly endless nature of the perpetual-motion machine known as central bank stimulus — to stop and be still for moment and question whether the endlessly spinning wheels should be spinning at all, to […]

Can Yellen Keep The Boom Going?

Via Brendan Brown of The Mises Institute, Yellen, like notorious previous Fed chiefs including Strong, Martin, and Greenspan, can now claim success in having prolonged and strengthened an asset price inflation which otherwise may well have been about to enter its severe end phase. If history is any guide, the result of that success is […]

Lacy Hunt: 5 Impediments To Trumpian Growth (And Why Bond Yields Are Going Lower)

Authored by Van R. Hoisington and Lacy H. Hunt, Ph.D. via MauldinEconomics.com, Hoisington Quarterly Review and Outlook – 4Q2016 CHANGE? The 2016 presidential election has brought about widely anticipated changes in fiscal policy actions. First, tax reductions for both the household and corporate sectors along with a major reform of the tax code have been […]

What Keeps Goldman Up At Night About 2017

With 2016 still fresh in most investors’ minds, and questions about 2017 pressing, here is a summary, courtesy of Goldman’s Allison Nathan, of where Goldman believes we closed out 2016, what is in store in the coming year, and ultimately, “what keeps Goldman up at night” about 2017. 2016, and a peek at 2017 2016 […]

The Fed’s Fantasy Vs. Reality

Submitted by Lance Roberts via RealInvestmentAdvice.com, Dow 20,000 Last week, I noted the market’s push toward the market milestone of 20,000. To wit: “The Dow broke above 19700 and is within striking distance of the ‘psychological’ summit of 20,000. With just 250 points to go, it is extremely likely traders will try and push stocks to that […]

David Rosenberg Calls For A Multi-Trillion, “Helicopter Money” Stimulus Package

With the inherent weakness in US GDP and the rising probability of a recession (two weeks ago Bank of America modeled that the next recession would likely start roughly one year from now), Gluskin Sheff’s David Rosenberg thinks that with monetary options exhausted it will take a fiscal boost in the trillions of dollars to […]