in the extreme for “very close”, appear content to re-evaluate whether this ongoing depression & lack of actual growth will mean just minor tattering or perhaps open chaos.
Federal Reserve Chair Janet Yellen recently suggested the source of inflation is somewhat of a mystery
today fears about a hawkish Fed have subsided, and as a result European, Asian stocks and S&P futures all rose amid speculation Fed policy will remain accommodative after yesterday's dovish comments by Fed vice-Chair Stan Fischer who offet Friday's hawkishness by Rosengren and Yellen.
Unfortunately, something even more sinister has been going on with dollar derivatives internationally...
HUGE DEVALUATION FROM CHINA SENDS DEFLATION SCARES AROUND THE WORLD...
With many investors worried about the economic turmoil that has engulfed the globe, here is a look at China's stunning move to dominate the world and the real reason why China is buying so much gold.
Sadly, I must write what follows and do not do it lightly. Over the years when writing, I have held little back. Nothing will be held back in this missive
Over $2 trillion in global QE purchases have taken place in the past 12 months, the fastest pace since the financial crisis.
Despite the recent slump in gold prices, many influential analysts like Raoul Pal and firms like UBS are predicting a strong showing for gold in the next 12 months. Their beliefs are based on strong indicators of a looming recession, negative interest rates, and a downshift in global trade.
What you need to monitor is how gently and slowly, yet consistently, long rates can be maneuvered higher. They remain at crisis levels, just for perspective.
By David Stockman. Posted On Monday, October 17th, 2016
The dollar broke out of its long consolidation Oct 4—and it’s headed higher. No doubt about it. This has implications for… everything.
"we can't find much cash on the sidelines... and when we do it seems mostly offset by debt/liabilities," crushing yet another pillar of strength for stocks.
San Francisco home prices exceed the peak of the infamous housing bubble. And San Francisco home prices soared along with The Fed’s third round of quantitative easing (QE3)
Mike shows you how much the government controls the economy today. And why it will be very difficult to get out of this mind-boggling level of debt. You’ll see this is not just a problem in the Western world, it’s the entire world. As Mike says, "this is going to be a global recession and it’s going to be bad."
Billionaire investor Carl Icahn on Monday he is "more & more" concerned about the stock market, & many S&P 500 companies are "way overvalued,"
Gundlach said he's been short on stocks all year and is "up tremendously".."I think we're headed to a fiscal stimulus regime, regardless of who wins,"
Some say digital currency is more efficient.... Others worry about the Fed exercising an even heavier hand on monetary policy.
But what happens when the collateral is worthless? Or when there’s no collateral at all other than some delusion about how great the borrower is?
Reading Yellen’s speech, you are left with the distinct impression that she actually knows less than the average household.