Category Archives: Stanford University
Trump Met With Janet Yellen; Meeting Lasted 30 Minutes
The anticipated meeting between president Trump and Janet Yellen has concluded, and according to Fox News, it lasted no more than 30 minutes, running from 2:00PM to 2;30PM, or barely enough for Trump to stop patting himself on the back about the yuuge Dow Jones rally under his presidency. #BreakingNews WH official tells me Janet […]
Trump Expected To Announce His Pick For Fed Chair In Next Two Weeks
In the latest update on Trump’s search for the next Fed Chair, Reuters reported that the search has narrowed down to 5 finalists – Yellen, Warsh, Taylor, Powell and Cohn (condolences to Jeff Gundlach: his dark horse candidate, Neel Kashkari did not make the cut) – and that after meeting Yellen on Thursday, Trump will […]
Kevin Warsh Fed Chair Odds Soar After WSJ Report Of Trump Meeting
Kevin Warsh’s PredictIt odds to be the next Fed chair soared moments ago after the WSJ reported that President Trump and Treasury Secretary Steven Mnuchin met with the former Fed governor on Thursday to discuss his potential nomination as the next Federal Reserve chairman, “a White House official said, signaling that the West Wing is […]
Happy Birthday CIA: 7 Truly Terrible Things The Agency Has Done In 70 Years
Authored by Carey Wedler via TheAntiMedia.org, On Monday, President Trump tweeted birthday wishes to the Air Force and the CIA. Both became official organizations 70 years ago on September 18, 1947, with the implementation of the National Security Act of 1947. After spending years as a wartime intelligence agency called the Office of Strategic Services, the agency was solidified […]
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 […]
64 Years Later, CIA Finally Releases Details Of Iranian Coup
Authored by Bethany Allen-Ebrahimian via ForeignPolicy.com, Declassified documents released last week shed light on the Central Intelligence Agency’s central role in the 1953 coup that brought down Iranian Prime Minister Muhammad Mossadegh, fueling a surge of nationalism which culminated in the 1979 Iranian Revolution and poisoning U.S.-Iran relations into the 21st century. The approximately 1,000 […]
Scientific Proof ETFs Make Markets Dumber
One of the horses we have beaten to death starting in 2013 (with Why The TBAC Is Suddenly Very Worried About Market Liquidity) is that the relentless growth in ETFs in particular, and passive investing in general, is one of the greatest threats facing the US equity market for one main reason: “phantom liquidity”, and […]