Fischer suggested that low rates can lead to longer and deeper recessions, making the economy more vulnerable.
The Fed may need to run a "high-pressure economy" to reverse damage from the 2008-2009 crisis that depressed output, sidelined workers, and risks becoming a permanent scar,
Inflation expectations in this context are also a reflection of increasing doubts as to whether QE will work, or in fact had ever worked.
The shortest answer is “deficit lies”. The longer answer involves numerous off budget items like social security do not count towards the deficit but do count towards debt.
That is 13 straight months of contraction! Capacity Utilization Continues Below 80%
It's now clear that what governments did to counter the Great Recession may have delayed systemic collapse, but did not resurrect the old normal. Growth around the world is anemic - which is to say, d
Jim Rickards shows you why eight years after the Great Recession started, the Fed’s reputation is in tatters. Can it recover? Read on...
Federal Reserve Chair Janet Yellen spoke at a Boston Fed conference on why the US is experiencing substandard economic growth. (Bloomberg) -- Federal Reserve Chair Janet Yellen said there are “plausible ways” that running the U.S. economy hot could fix damage caused by the Great Recession, laying out the argument for keeping monetary policy easy without…
We will soon wish we were allowed an honest business cycle recession once the current overcapacity implodes the global economy.
Having warned in Q1 of the possibility of a China-devaluation-driven collapse in to a "Mad Max" world, [4] Eclectica's Hugh Hendry lays out the next steps and catalysts for 'change'...
Though no one can foretell the future, it is self-evident that the status quo—dependent as it is on cheap oil and fast-expanding debt—is unsustainable.
Each month the OECD produces an interesting set of composite leading indicators (“CLI”) showing cyclical fluctuations around a long term average over time for the major global economies.
Economy: Housing, restaurants & retail are suffering
October has started off poorly with a big miss for Empire Fed (-6.8 vs +1.0 exp). June's dead cat bounce is officially over with the index sliding to 5 month lows led by continued deterioration in New Orders and workweek.
World stocks started the week in the red Monday as the dollar touched a 7-month high and U.S. and European government bond yields climbed to their highest since June following the Friday speeches by Eric Rosengren and Janet Yellen
“Here's Yellen's latest speech: It's 20 pages long. Short version: "We have no idea what we're doing."
While the leveraged longs in the futures markets may be selling, the unleveraged longs are buying - we can see this behavior in the increasing premiums and the rise in […]
Gold and silver had their big fall the previous week, so this week was one of consolidation with prices moving sideways:
Are We At Risk of A Market Crash Bigger Than 2008? Eric Dubin Warns The Banking System is BROKEN - And Explains Why 2017 May Be the Year the Market CRASHES...