Contrary to the ‘head on the sand’ rhetoric that is coming from the Fed and mainstream business news regarding jobs, employment, and how the economy is really doing, the bottom line numbers have already signaled
On March 29, Fed Chairman Janet Yellen spoke at the Economic Club of New York to give a little more insight to the central bank’s future plans for monetary policy. And in what was a
President Obama’s legacy will include many stigmas when it comes to finance and economics, but perhaps no more so than his administrations policy of ‘too big to jail’. Coined first by the former Attorney General
For decades, Switzerland has been known as the banking capital of the world due to their neutrality, and long history of protecting wealth from the prying eyes of governments. And although they recently gave into
Almost immediately after the Federal Reserve raised the discount rate from near zero to .25%, banks began to raise the cost of borrowing for mortgages, credit cards, and other loans. In particular, Wells Fargo, PNC,
As the entire global economy waits with baited breath for the Federal Reserve’s rate announcement in a few hours, analysts are looking backward to what occurred in 2006 when the central bank last raised rates.
Over the past four months, it is estimated that China alone has dumped over $300 billion in their dollar based reserves, signalling a trend in which the Far Eastern economy is now using their treasuries
Founding Father Thomas Jefferson once said, “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around
Energy prices are not simply barometers of inflation and deflation, but they are also red flags that point towards recession in ways few other indicators can. And when you couple the current declines in oil
On Dec. 5, two interesting data points that are indicating that the U.S. is now in a recession has the Federal Reserve trapped by their own rhetoric and deceptions. First, exports by U.S. companies dropped
Over the past two years, corporations in the U.S. have been manipulating their EPS (Earnings per share) by focusing on the number of share’s side of the equation, rather than increasing sales and revenue. And
In layman’s terms, the definition of hyper-inflation occurs when you expand a monetary supply to the point where it crosses over from an arithmetic rate of growth to an exponential one in relation to a nation’s
On Nov. 4, Federal Reserve Chairman Janet Yellen spoke before Congress on financial issues such as the state of the economy, interest rates, and monetary policy. And during her hearing on the floor of the
It is a given that the computer driven algo’s always run wild on days in which central bank leaders speak, but what was most important about ECB head Mario Daghi’s speech on Oct. 22 was
Back in March, the dollar was the most wanted currency in light of the Greek crisis, and ongoing currency wars raging between dozens of countries. In fact, the U.S. reserve currency was perceived as such
In capitalism, one of the most important fundamentals is that of price discovery being a natural occurrence determined between supply and demand among producers and consumers. But for centuries this natural facet of free markets
It must be finally getting crunch time for the primary central banks around the world because on Oct. 10, the G30 group of global money printers admitted in a detailed report that the tens of
This morning on CNBC (aka… CNBS), the central bank lackey Steve Liesman spoke with the NY Fed President Bill Dudley on rate outlooks for the remainder of the year. And contrary to the fact that
Has anyone noticed that only Wall Street talking heads and those trying to sucker you into the stock market are still using the world recovery after the Fed chose not to raise rates in September?
Despite the fact that since 2008, where banks have had almost unlimited access to ‘free money’ through the Federal Reserve’s discount window, their balance sheets have been short liquid capital since most of this borrowing
It has been 10 days since the now famous Federal Reserve interest rate announcement, with the markets having reacted as if Janet Yellen had not said a word. For in the past when the Fed
There is one sure thing about central banks and government agencies… neither one will ever do the right thing. And when the propaganda we have been getting for more than a decade from both the
