Introducing the new and improved London Gold Pool:
The long-standing monetary policy tool prior to the crisis was draining & adding bank reserves through open market operations to control liquidity...
"Carney just left WH and didn't DENY that he was interviewing for Yellen's job. DIRECTLY ASKED"
For 14 consecutive days, the amount standing for physical has risen. On First day notice 16.8 million oz were standing; tonight 22.94 million oz. It looks to me that sovereign […]
The bad news? 1) Retail originations fell 23% from Q1 2016. 2) CMBS/Conduit originations were down 17%. 3) Hotel originations were down 40%.
House leaders haven't sent their health-care bill to the Senate as they await a Congressional Budget Office score, NBC News reports.
YTD foreigners have bought $71.4bn US stocks, corporate bonds & government bonds. The question now is whether they will sell.
Great chart: Recession seems to be - as always - a grey or black swan event...
Of course, the only problem Bullard has is that The Fed needs to "shrink" its balance sheet before it can re-QE
Call them the unrecovered—a handful of states where job markets, nine years later, are still struggling back to where they were before the recession.
Author of "The Black Swan," Nassim Nicholas Taleb discusses Trump's policies, the recent market selloff & the risks facing the global economy
The Brazilian markets have been through worse before but things could still spin out of control, says Jim Rickards, Strategic Intelligence.
A rising tide of government interventions in the marketplace during the 1960s and 1970s would soon lead to a host of new problems for Venezuela.
The precious metals sector is on major buy signal.
The coming Great Deflation will destroy the value of most Stocks, Bonds, Real Estate and Paper Currencies.
China has an insurance policy against a full-scale market meltdown: the daily currency fixing.
The dollar was on track to record its worst week against a basket of currencies since July on Friday, having given up almost all the gains made since Donald Trump, now surrounded by political worries, was elected U.S. president last year.
So this is a great time to increase your allocations to cash, gold, silver and U.S. Treasuries.
With the Fed contemplating whether to hike again & start "normalizing " its balance sheet before the end of 2017, the two other major central banks are facing far bigger problems.
Treasury Secretary Steven Mnuchin and Senator Elizabeth Warren verbally tussle over the idea of whether banks should be forced to separate commercial and investment banking operations.