Foreign-exchange traders are becoming convinced that monetary stimulus programs around the world have reached their limits in efforts to spark economic growth, according to JPMorgan Chase & Co.
There’s something big & scary going on behind the scenes but, as usual, the public isn’t reading about it on the front pages of the newspapers.
Editor's Note: In 2010, Mike Maloney and a team of analysts wrote a financial education series called Wealth Cycles. Although this series is no longer available to the public, we dug into our archives to bring it back.You’ll find the lessons and historical perspectives in these articles to be as relevant today as they were when they were first published. As Mike has stated many times, understanding history and educating yourself on the basics of economics will prepare you for what’s ahead and help you achieve true prosperity.
Currently, yields on government bonds are at record low levels.It is telling that the current U.S. 10-year yield of about 1.5% is acually considered high. In some countries, like Japan, Switzerland and Germany, the 10-year yield is actually negative even in nominal terms. And despite having higher inflation than these countries, Sweden's 10-year yield is…
It has been a long hard road after the housing and credit bubble destroyed millions of borrowers & seriously damaged the financial industry. At last, we are back almost where we started in 2006 when home prices were near their peak and residential mortgage delinquencies (and foreclosures) were low. Then the wheels came off the…
Financial Distortions: Professional investors complain about this all the time, about distortions, that they can’t do their job of finding undervalued assets
There’s $13+ trillion worth of bonds in the world right now have negative yields, much of which is issued by bankrupt governments (like Japan).
‘Gold appears to be gaining support from investors who do not believe in the stock market’s rally,’
“Massive change is upon us.”
Gold bottomed in December 2015, after a much-anticipated Federal Reserve interest rate hike – the first in 7 years. Either way (hike or no hike), there is no place for […]
Somebody BIG is continually standing for gold and continues to do so in August in the same manner as we witnessed in May, June, and July...
it would imply that a larger pattern with the potential to reach 1424.60 is in play.
The PBOC seems to be worried about inflation according to an analysis of its most recent monetary policy report.
The claim that the world needs stronger global governance is so widely accepted today that challenging it may seem like arguing that the sun revolves around the earth. But what may be true for genuinely global problems such as climate change or health pandemics is not true for most economic issues.
Between declining productivity, declining wages rates and declining real GDP growth, the economy seems to be hitting the brakes.
In 1981, as in ation and Treasury yields were screaming to new heights, good friend Gary Shilling had
the audacity to announce, “We’re entering the bond rally of a lifetime.”
This didn't exactly make the news, but in July, Fidelity Investments walked out of meeting on good corporate governance with financial chieftains, including Berkshire Hathaway's Warren Buffett, BlackRock's Larry Fink, and JPMorgan Chase's Jamie Dimon.Read on →
But investors will worry. They will retreat with more of their money. Prices will fall further…and the Fed will be forced to bring out its heavy artillery.
The move comes as Macy's revealed a 96% plunge in profits, even though its sales fell less than feared.
Americans could force more insurers out of the exchanges effectively marking the end of Obamacare as we know it.