The Fed seems to have lost credibility, & I fear that when the market finally realizes the Fed might in fact follow words with deeds, an abrupt repricing of financial assets will be on deck.
central planners have the arrogance of the elite that causes them to think they have the brilliance to guide and control the markets of entire nations and even the entire world. How can anyone believe that such hubris will not end in total financial collapse?
Credit Check - Center of the Universe
Dr. Edward Altman, a professor of finance emeritus at NYU Stern, explains what's keeping companies from going bankrupt at the moment.
If there is a prime feature of the credit crunch in the financial world it is the woes and travails of the banks.
Senators Bob Corker (R-TN) & Mark Warner (D-VA) are proposing the Patsy Cline model for mortgage giants Fannie Mae & Freddie Mac. That is, Corker & Warner are proposing that Fannie Mae & Freddie Mac fall to pieces.
The Case-Shiller 20 metro index of repeat-sales home prices is out for April (although it is almost July). The index rose 0.28% in April MoM. And the composite index rose 5.67% YoY. The biggest "winner" for home price growth? Seattle at 12.9% YoY. The slowest growing city? Cleveland at 3.4% (although Washington DC and New…
how long can the Fed tighten before the next recessions sends rates crashing back to zero if not negative, & unleashes even more QE.
The very sluggish recovery of the economy since the financial crisis — despite zero & near zero interest rates — presents the dominant school of New Keynesian macroeconomists with a conundrum.
Gold rose on Tuesday after hitting a six-week low in the previous session as bargain hunting set in and the dollar slid sharply before speeches by U.S. Federal Reserve officials.
The IMF cut its outlook for the U.S. economy, removing assumptions of President Trump’s plans to cut taxes and boost infrastructure spending to spur growth.
A GLOBAL cyber attack has spread across the world, hitting computer systems everywhere from the UK and Russia to America and the Ukraine. Here is what we know so far.
The recent rapid increase in the price of cryptocurrencies has resulted in many experts calling it a bubble and advising caution while investing.
Following June's record rally, the world's most popular digital currencies bitcoin and ethereum continued their slide on Tuesday.
Cryptocurrencies led by bitcoin and Ethereum were falling across the board on Monday as a massive run-up this spring has spurred some profit taking.
Extending its overnight decline, Bitcoin is now down almost 15% from last week's highs, back at its lowest since June 16th...
This phase will begin before the end of 2017...
Legendary investor Jim Rogers say the coming crash will rival anything he has seen in his lifetime. “Later this year or next …. write it down...”
At 4:01 AM EST, a paper gold nuclear bomb was detonated in the Comex Globex computer system. This isn’t some trader’s “fat finger” accidentally overloading the sell button and pressing […]
Economist and investor Ronald-Peter Stöferle is bullish on gold. So much so that he's authored a 160-page report titled "In Gold We Trust."Stöferle recently appeared on Palisade Radio to talk about the current state of the economy. He said he thinks recession fears coming up within the next couple of months will be the big trigger and the big catalyst for gold.I think that this complacency we're seeing in markets, this will probably lead to a major crisis, and this will probably make 2008 look like a kindergarten party. In this environment, it just makes sense to hold portfolio insurance in the name of gold."