Silver as an investment

Category Archives: US Federal Reserve

An Open Letter To The Fed’s William Dudley

Authored by MN Gordon via EconomicPrism.com, Dear Mr. Dudley, Your recent remarks in the wake of last week’s FOMC statement were notably unhelpful. In particular, your excuses for further rate hikes to prevent crashing unemployment and rising inflation stunk of rotten eggs. Crashing Unemployment Quite frankly, crashing unemployment is a construct that’s new to popular […]

Exposing Our Lawless Central Bank

Authored by Ryan McMaken via The Mises Institute, The economic arguments against central banks are numerous to say the least. Through the writings of Ludwig von Mises and Murray Rothbard we have a wide variety of critiques that explain the many ways the central banks distort economies, cause booms and busts, punish savers, and chose […]

Weekend Reading: Oil Slick

Authored by Lance Roberts via RealInvestmentAdvice.com, Beginning in December of last year, following the announcement by OPEC of a cut in oil production, I have discussed the “headwinds” that persist against a sustained rise in oil prices. “The supply/demand dynamics currently suggest that oil prices and energy-related investments could find a long-term bottom within the […]

Banks Battered, Biotechs Best As Yield Curve Crashes To 10-Year Lows

Tech investors the last 2 days…   Lots of chatter again this week about shrinking The Fed's balance sheet… it's gonna happen no matter what and it is looming… so The fed will be shrinking at $20-50bn a month going forward, will The ECB or BOJ step up and increase their buying to keep the […]

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 […]

“The Hope Trade” Is Over: BofA Slashes Its 2017 GDP Forecast To Just 2.1%

First they came for the Trump Trade… then they came for the hope. And, as a result, BofA has thrown in the towel on its economic rebound for this year. As BofA’s Michelle Meyer writes, “Hopes for a big fiscal stimulus have faded, prompting us to revise our 2018 GDP growth forecast to 2.1%, down […]

One Trader Is Stunned By The “Staggering” Confusion In The Market

Wherever one looks there are disconnects… between bonds and stocks, between risk and uncertainty, between hope and reality. But, as former fund manager Richard Breslow notes, most critically, there is a divergence between data and Fed actions, and this time is different as central banks appear to have shifted into 'whatever it takes' to tighten […]

Millennials’ Savings Rate Climbs For First Time In A Decade

America’s beleaguered millennials received a rare gift on Tuesday: A scrap of good news. Even with the aggregate student debt burden eclipsing the $1 trillion mark, and wages pressures across the US economy remaining relatively subdued, a new survey from Bankrate.com claims that Americans’ savings habits are improving for the first time in a decade, […]

Your Future Wealth Depends on what You Decide to Keep and Invest in Now

Millienials look for instant gratification Spend half of their income on leisure Instant gratification doesn’t work if need to save for the future Savings rates falling, few have retirement funds Important to understand marginal difference between spending and pleasure Future wealth depends on what you decide to keep and invest in now This week the […]

Clarity Or Confusion At The Fed

Authored by 720Global's Michael Lebowitz via RealInvestmentAdvice.com, “Are you kidding? Are you kidding? No one knows what you’re doing.”    – Economist John Taylor in response to William Dudley’s (President Federal Reserve Bank of New York, Vice Chairman of the Federal Open Market Committee) comment that the Federal Reserve (Fed) has been very clear in […]