Silver as an investment

Category Archives: Warsh

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 […]

World Stocks Hit 4th Consecutive Record High, Bonds Rise On ECB QE Report

World stocks rose to a 4th consecutive record highs, while the dollar headed for its worst week; U.S. stock-index futures are steady, with European and Asian stocks higher ahead of much anticipated US inflation data, which is expected to give cues on the outlook for the Federal Reserve’s interest rates. MSCI’s all world equity index […]

Kevin Warsh May Be The Next Fed Head – Let’s See What He Really Thinks

Authored bvy Daniel Nevins via FFWiley.com, As reported earlier this morning by the Wall Street Journal, President Trump and Treasury Secretary Mnuchin met with Kevin Warsh yesterday to discuss the potential vacancy at the Fed next February. Warsh already has central banking experience, having sat on the Federal Open Market Committee (FOMC) from February 2006 […]

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 […]

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 […]

Axel Merk: “There’s More To Investing Than Chasing Companies That Want To Make Mars Inhabitable”

Authored by Axel Merk via MerkInvestments.com, How does one construct a portfolio in an era of seemingly ever rising and highly correlated asset prices? Years of asset prices moving higher has changed both retail and institutional investors; it has changed the industry; and, in my humble opinion, those changes spell trouble. The prudent investor might […]

The Reckoning Looms – Central Bankers Really Don’t Know What They’re Doing

Submitted by Michael Snider via Alhambra Investment Partners, As I have written many, many times, the “unexpected” events of January and February were a dramatic wake-up call for central banks. Last August’s global liquidation they could at least try to ignore because it could possibly fit within the paradigm of “transitory”, a one-off aberration that […]

“The Great Unraveling” – Hilsenrath Slams The Fed: “Years Of Fed Missteps” Foster US Populism, Disillusion

For years we have argued that the main reasons for rising social anger, populist sentiment, and general disillusion with the US economy boils down to one thing: the Federal Reserve, which as we have argued since 2009, has approached the crisis aftermath in a wrong way, generated unprecedented wealth inequality through its monetary policy favoring […]

Is The End Nigh? Former FOMC Member Warns “The Fed Is Vulnerable”

Authored by former Fed member Kevin Warsh, originally posted op-ed via The Wall Street Journal, The conduct of monetary policy in recent years has been deeply flawed. U.S. economic growth lags prior recoveries, falling short of forecasts and deteriorating in the most recent quarters. This week in Jackson Hole, Wyo., the Federal Reserve Bank of […]