The central bank thinks there are limits to what it can do. Many officials argue that a strong and sustainable recovery is impossible without widespread structural reform
on the back of signs of a pick-up in inflation globally...
We Now Have DETAILS OF THE D.B. SETTLEMENT IN THE SILVER FIX:
That is what economics has become, a shell of its former confident self. When the global economy including China fell off at the end of 2014, it was declared “transitory” weakness that would soon enough dissipate.
"The collapse has not happened. The unwind has not happened. That's ahead of us, not behind us,"
In the market for a new car? I’ve got a deal for you. How about a 2017 BMW sedan for 20% less than it cost last year?Some people in Britain are waking up to just such a deal, in the wake of the collapse of the British Pound following the summer’s “Brexit” vote.But wait… hasn’t the British Pound cratered and actually made things more expensive? Yes—if your savings were entirely in pounds.Those Britons who took smart steps to preserve their purchasing power, however, haven’t suffered. In fact, many of them are finding some sweet deals.
Unfortunately, 1 unit housing starts are only back to 1991 levels.
Mike Maloney appears on Keiser Report to discuss how velocity of currency determines what happens next in the cycle. You’ll learn how central banks are manufacturing a crisis of epic proportions.
Heading into the Christmas shopping season, the Cass Freight Index shows shipments sank 0.4% for the month and are down 3.1% from shipments a year ago.
"the current tools of monetary policy will be a lot less effective going forward". "the risks are asymmetric to the downside"
Steve explains how dire the situation has become, "Where do we go from here? We have two choice,s
The Central Banks are going to go absolutely nuclear within the next 18 months. In the last few weeks we’ve seen the Bank of Japan, the Bank of England, the European Central, and the US Federal Reserve all push for fiscal stimulus instead of monetary stimulus. What this means is
Eight years after the global financial crisis. central banks are still pursuing emergency policies
Wednesday will mark the 29th anniversary of Black Monday. On Oct. 19, 1987, stock markets around the world imploded, with the Dow Jones Industrial Average DJIA, +0.34% dropping 508 points, or 22%, marking its largest one-day percentage decline on record.
Wells Fargo & Co. on Tuesday delayed selling a 10-year bond after S&P Global Ratings revised the outlook on its credit rating to negative from stable, a person familiar with the matter said.
These retail investors vote in large numbers &, suffering losses from a bail-in, bondholders would probably vote in the October referendum against Renzi’s proposed changes to Italy’s constitution.
Capital flight suggests that people aren't waiting to find out.
Corporate China is sitting on $18 trillion in debt, equivalent to about 169% of the country’s gross domestic product.
Outflows are biggest since before nation’s bubble burst. Investors lose faith in Abenomics as deflation persists
Do central banks have a plan? Do they know what they're doing? The BBC wonders, and Mises Institute President Jeff Deist provides some of the answers: