Perhaps investors are just paranoid ... or they are justly concerned about a possible burst in the equities markets. Total open interest on the VIX futures just reached an all-time high. Indeed, the S&P 500 index does seem to be correlated with near zero Fed Funds rate and $4.45 trillion in Fed asset purchases (QE). And…
As we ponder the economic recovery after The Great Recession (and financial crisis), we see a disturbing pattern of middle-class job demolition. Using what former OMB head under President Reagan calls "The Breadwinner Economy,"
Government bond investors have had everything going right for them. That could never last forever.
Bank of England policy makers indicated there’s still a chance of another rate cut this year as they assess the potential longer-term fallout from Britain’s decision to leave the European Union.
In trying to reopen the investigation, she’s telegraphing her new Senate tactics—and sending a message to Hillary Clinton.
Central banks are doing everything in their power to try to boost their weak economies right now. The amount of global QE is staggering and totally unprecedented.
After the bankruptcy of Espirito Santo group, the number of non-performing loans (NPL) in Portugal rose from 10% to 15% only in the last two years. A similar event started political turmoil in Italy. Italian […]
There is now almost $16 trillion worth of sovereign debt trading with a negative yield. Last week the credit bubble entered new territory with two euro zone issuers of corporate debt
A different perspective of where things stand (and making clear the importance of ultimately breaking that supporting trend-line):
Treasury bill rates have been trading notably higher of late, Though it was the highest rate since November 2008
Gold futures settle higher, as support from a retreat in the U.S. dollar prompts prices to snap a five-day slide. Traders look to next week’s Fed, Bank of Japan meetings
Over 1,900 years old, the coin likely dates to the year 56 or 57 AD. Approx. value $10,000.00
The Gold to Housing ratio is a quite useful measure for evaluating relative values between real estate & gold
The whisper topic among certain quantitative and fundamental hedge fund managers has to do with debt & a mathematical end point
Why is it that the stooges of the moneyed interests always run to monetary economic incentives models to examine the choices of their masters, but do not seem to be able to apply them to the people who do the day to day work?
This figure, which is once again flirting with a ‘trillion’ handle, is up $54 billion over the last 12 months. This ‘improves’ upon the $12 billion, $34 billion and $46 billion gains over the same
The drama at the Fed continues to unfold after another high-ranking official, Governor Lael Brainard, expressed comments suggesting the US economy was still too vulnerable for a rate hike. At this point, the governing body seems divided about the health of the economy, which seems odd given their self-proclaimed “data dependency”. Either the data is indicating a growing economy or a shrinking one. Lack of consensus suggests a division in leadership and a delay in any rate hike at least until the end of the year.
Think of all the empires that rose and fell over the last 5,000 years: the Akkadians, the Hittites, the Egyptians, the Chaldeans, the Sumerians, the Assyrians, the Persians, the Babylonians, the Greeks, the Romans, the Sassanians, the Seljuqs, the Mongols…
There’s a reason that billionaires have been building remote retreats, stockpiling emergency supplies and rapidly shifting into hard assets like gold and silver and other resource investments...
The Goodfriend speech was about negative interest rates — and just because Yellen doesn’t like them now, it doesn’t mean they’re not coming in the future.