Who are today’s Drs Frankenstein? Haruhiko Kuroda at the BOJ, Mario Draghi at the ECB & Janet Yellen at the US Fed. They each have a monster...
Many market participants believe Bank of Japan Gov. Haruhiko Kuroda's monetary bazooka has lost its firepower.
As the European Central Bank moves closer to picking a route out of quantitative easing, it might have to clarify its philosophy on how the program works.
The European Central Bank wants EU lawmakers to tighten proposed new rules on digital currencies such as bitcoin, fearing they might one day weaken its own control over money supply in the euro zone.
Today is in terms of statistics inflation day in the UK as we receive pretty much all of our inflation data in one burst. It did not use to be that way but the powers that be decided that it was better to have all the bad news in one go rather than have several…
Giving up cash is sacrificing freedom. That's a high price to pay for something that wouldn't work.
Apple Pay could be the “catalyst” that ultimately gets the world to switch from cash to digital payments
This Is How You DON'T Manage A Global Currency:
COT data is showing the first sign of a bottom...
Measured in another way, lending for housing is shockingly loose.
Duration risk in U.S. bond markets is at an all-time high.
Bank of America's survey of fund managers also highlights rising inflation expectations.
Nearly 2 in 3 Americans are limiting their monthly spending, largely to save more money, according to a new study.
Nearly one in 10 city school kids was homeless during the year that ended in June , a whopping 22% jump in homelessness over a year before
The main event is that our debt has far exceeded our ability to produce enough new wealth to service the debt, and our attempts to work around it with Federal Reserve accounting fraud only makes the problem worse day by day and hour by hour
A new warning sign is flashing now, reaching levels not seen since 2008 and indicating the credit markets are in trouble. Read on →
"They (central banks) have taken on massive interventions in the market, you could almost say that central banks are now the central counterparties in many markets. They are the ultimate buyer,"
Gimme (Expensive) Shelter: Well, today's release of consumer price indices revealed that ... this is the 11th straight month of core CPI (less energy and food) on 2% of higher. And in terms of rent (as in owner's equivalent rent of residences), this is 54 straight months of 2% and higher growth in rent. In terms of effective…
Mike discusses Gold & Silver, how the Fed is manipulating the economy and that People Will Lose Their Pensions:
People have bought gold for much deeper reasons. It’s that they have major concerns about the stability & reliability of the monetary system.