Yes, another blog post on the Fed’s failed monetary policy. I hate to keep blogging on this particular issue, but it continues to be the major economic issue facing us. Now that the effects of the easy credit bubble deflating are becoming apparent to everyone, including famed corporate takeover investor Carl Icahn, the IMF is […]
Archives
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International Monetary Fund warns on the bubble they encouraged! But has the horse already left the barn?
30 Sep 2015
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In Fed We Trust!
16 Sep 2015
Tomorrow the Fed will announce its decision on whether to increase interest rates for the first time since 2006, and the markets seem to be thinking we’ve got at least another meeting until it happens. Markets are up in the last couple of days and even long-beaten gold is catching a bid, sensing that interest […]
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Boom Boom! Bust?! What’s next for world markets?
23 Aug 2015
Lots of press the last few days on the markets crashing, with the first stock market correction since 2011. I’ve been warning that this won’t end well, but that doesn’t mean I have the answer to what happens next–if I did I would be making the trades first thing tomorrow to profit from it myself. […]
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Some Questions to Ponder: Just Asking
15 Jul 2015
I have a few questions for thought today. I am not answering them, though the reader may well have some idea where I am on them. So just read and ponder. Please feel free to comment too. I have not read the Iran nuclear deal yet, but I understand it will aid Iran in developing […]
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Some economic links from the web worth reading
09 Jun 2015
Over on Cafe Hayek, Don Boudreaux has yet another gem on the minimum wage. I love his economic work so much that I am almost despondent that I’ll never be as logically articulate as he is. But I’ll keep trying. In that article I offer an extended quote for the day: One of the greatest […]
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Former Vice Chairman of the Federal Reserve board joined the chorus of Wall Street cheerleaders saying the Fed can afford to be patient with raising interest rates earlier this week. His rationale? Inflation as measured by the consumer price index or the Fed’s favored measure is very low: The so-called hawks, who have been calling […]
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You’ve heard me say this before (but not this strongly) that the monetary machinations of the global central banks (led by the Fed, and buttressed by the European Central Bank and the Bank of Japan) are flooding the world with liquidity and causing all sorts of malinvestment. In the video above, Ed Yardeni agrees, perhaps […]
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Earlier in the week I criticized the results of Dodd-Frank, because it has miserably failed at its ostensible purpose of preventing future “too big too fail” incidents. Indeed, not only did it not succeed in this–in the sense of reducing the number of potential risks–it has significantly exacerbated it as the banks are increasingly consolidating […]
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A few weeks before the election, I speculated that a potential election threat to the Democrats was a significant correction to the stock market. The main reason for the speculation was the impending cessation of QE3, the Fed’s monetary stimulus program. Pretty much all market observers believe the Fed’s stimulus has at least contributed to […]
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The Fed giveth, and the Fed taketh away? Is a bursting stock market bubble going to be the October Surprise?
11 Oct 2014
The stock market swung wildly this past week, with the final result the S&P 500 down 3.1%, and the Nasdaq 100 down 3.9%. Everybody knows a major reason why: The Federal Reserve is winding down its aggressive monetary stimulus, and now the question is will they increase interest rates, and if so, how soon? QE3 is […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach