Silver as an investment

Category Archives: Yellen

Watch Live: Janet Yellen And Mervyn King At NYU

The NYU Stern school of business is hosting the latest installment of the “In Conversation with Mervyn King” series featuring outgoing Fed chair, ?Janet Yellen, who in just over two months, will depart the Fed, making way for her replacement, former Carlyle partner Jay Powell. While her speech is not expected to provide any market-moving […]

NAFTA Worries Take Toll, Yellen’s Best Guess Supports Greenback

marctomarket.com / by Marc Chandler / Oct 16, 2017 (Greetings from San Francisco, where I will be speaking at a CFA seminar on currencies tomorrow.  The rebuilding from destruction of the of hurricanes in Texas and the Southeast  US has already begun and the distortion to US high frequency data is seen nearly every day.  Some data, like auto sales and retail […]

Dollar Upbeat to Start Fourth Quarter

marctomarket.com / by Marc Chandler / October 2, 2017 The US dollar is broadly higher as the quarter-end positioning losses seen at the end of last week area reversed.  Developments in the US are seen as dollar positive, while the Catalonia-Madrid conflict, and slightly softer EMU manufacturing PMI weighs on the euro.  The UK also reported […]

Robots Have Ushered In An Era Of “Cocaine Deflation” On Wall Street

Authored by Brazilian Police have stumbled into a cocaine workshop with robots packing 150,000 cocaine baggies per day. The era of cocaine deflation is upon Wall Street, as drug lords in Brazil are betting on automation to ramp up production. Source: StockBoardAsset Perhaps this 'automation' is why Brazil's cocaine prices have suffered such a deflationary […]

Did the Fed Just Broadcast An Inflationary Event is About to Hit?

Yesterday, Janet Yellen stated that the Fed was “wrong” about employment and inflation. I realize that the significance of this might be lost on many individuals. The Fed’s ENTIRE purpose is to pursue “maximum employment” and “stable prices”(aka low inflation). Indeed, these are LITERALLY the words in the Fed’s official “Dual Mandate” from Congress. So […]

Dow Drops Again Despite Lack Of Global Armageddon Threats

No healthcare reform, a hawkish Yellen, and dismal housing and confidence data… equity markets jump…presumably because the world did not end… but did dump into the close   "and… it's gone"   All major equity indices gained on the day (with Trannies and Small Caps extending their exuberance) and Nasdaq the laggard on the week […]

Gold Drops, USD Pops As Yellen Warns “Fed Should Be Wary Of Moving Too Gradually”

On the heels of Fed chair Janet Yellen warning of looming inflation and the need for The Fed to perhaps not move as slowly as they have suggested, gold has snapped back below $1300 (erasing North Korean risks) and the dollar is extending gains… As Citi notes, for those hoping for hawkish comments, Yellen has […]

Weekend Reading: Yellen Takes Away The Punchbowl

zerohedge.com / by Lance Roberts via RealInvestmentAdvice.com / Sep 22, 2017 5:00 PM September 20th, 2017 will likely be a day that goes down in market history. It will either be remembered as one of the greatest achievements in the history of monetary policy experiments, or the beginning of the next bear market or worse. Given the […]

Jackson Hole’d – Dollar Dumps To 2-Year Lows After 2 Million Ounce Gold Flush

The dollar today…   Summarizing the week's moves: Dollar dump sparks buying binge in bonds, bullion, and stocks (but sinks FANG Stocks) Early gains – once again thanks to Gary Cohn confirming he is not resigning – topped out as Yellen's speech was released. Once Europe closed, stocks went bid as usual, with some noise […]

“Today Is The Day” – One Trader Takes A ‘Dark Side’ Stab Ahead Of J-Hole

zerohedge.com / by Kevin Muir via The Macro Tourist blog / Aug 25, 2017  8:02 AM Today is the day. Both Draghi and Yellen speak later at Jackson Hole. Although expectations for market moving news have been damped down, the market might be getting a little too complacent. Over the past month or so, bond markets have been drifting higher on the […]