Falling corporate margins, weakness in the U.S. labor market and rising corporate default rates — all features of the U.S. economy in 1986, a year it avoided a recession.
NOTHING has been fixed financially at all. There is more debt more leverage, more & more liquidity achieving less & less, interest rates are negative, pensions are going nowhere
The answer is absolutely YES. Like Rome, the state always turns against its people as its need for money
"I can emphatically say that partisan politics plays no role in our decisions," Yellen told reporters following the Federal Open Market Committee's two-day policy meeting.
Follow along as Chairwoman Janet Yellen explains it all to the press. Watch the Yellen press conference as MarketWatch live-blogs the decision, the market reaction and the commentary.
With rate hike odds tumbling post-J-Hole thanks to Brainard (but up to 24% today), macro data deteriorating, European banks tumbling, and China money markets turmoiling
A divided Federal Reserve left its policy rate unchanged for a sixth straight meeting, saying it would wait for more evidence of progress toward its goals, while projecting that an increase is still likely by year-end.
The “systematic component” of the Federal Funds rate. As the chart shows, asset price bubbles tend to be promoted whenever administered interest rates deviate strongly from the trend in these economic variables
What good is a target or even an emphatic commitment to it if you have already proven you can’t achieve it?
That is where we are in 2016, where satire and farce are all that is left. It is, unfortunately, a tragically fitting critique because the orthodox belief in control was satire from the start, now openly revealed for what it always was.
I consider it self-evident that we are in the third and final stage of self-serving Imperial decay.
No, not the Clint Eastwood baseball flick with Amy Adams. This is about Japan's Central Bank resorting to yield curve control. First, Japan kept their policy balance rate at -0.100%. Second, The Bank of Japan added "yield curve control" to its monetary stimulus arsenal, and pledged to expand the monetary base until inflation overshoots its 2%…
Ten percent of 250 million adults in the U.S. is 25 million people whose economic lives have crashed.
The (FOMC) has often stated its intention to return the Fed balance sheet to normal, pre-crisis levels over time. Once that occurs, the Treasury will be left with just as much debt held by the public as before the Fed took any of these actions.
"corporate leverage, which has exceeded levels reached before the 2008 financial crisis, is a sign that investors should start preparing for the end of the credit cycle."
Apple is reportedly in talks to buy the McLaren supercar maker and Formula One team owner in a deal worth up to £1.5bn.
The EU official who slapped Apple with a $14.5 billion back-tax bill says she's not done yet with American companies that park profits offshore.
Gold prices could rise if interest rates drop further and we enter a cashless society.
Simply put, if the Fed continues to conjure trillions of dollars out of thin air to feed the government’s insatiable appetite for debt, they’re risking a major currency crisis at a minimum.
This kind of move is a clear signal that something MAJOR is underway “behind the scenes” in the financial system. My belief is that the “something” is a European Banking Crisis.