“If the U.S. economy entered a recession soon and interest rates fell in line with levels seen during the moderate recessions of 1990 and 2001, yields on even longer-dated Treasury securities could fall to or below zero.”
Donald Trump was in Davos talking up the US economy in his typically hyperbolic terms. He called it "the greatest economy we’ve ever had in the history of our country." To hear the president tell it, you would think that America is experiencing some kind of economic boom that has never been experienced by anybody in all of history. In his most recent podcast, Peter Schiff called this "nonsense."
The US stock market will enter a period of volatility over the next 30~60+ days, and that volatility will push metals and miners higher into...
The Governing Council also announced that it would launch the first review of its monetary policy strategy for the first time since 2003 in a rethink after years of radical monetary stimulus struggled to revive inflation...
The euro zone’s central bank has fallen short of its inflation target of just under 2% for years despite increasingly aggressive stimulus measures under Lagarde’s predecessor...
One day this bull market will end and the age of the central banking enabled debt bubble will be exposed for the hubris that it is and all the sins of “potential side effects” that cent…
Deutsche Bank AG Chief Executive Officer Christian Sewing said the European Central Bank missed an opportunity to reverse its negative interest rates when the economy was strong,
MS CEO Gorman says the Fed's balance sheet expansion is quantitative easing & one of the only tools they have left to work with.
The “combined errors, shorthand, and sloppy record-keeping by DoD accountants do add up to a number nearly 1.5 times the size of the U.S. economy,”
'The huge amount of money created by central banks has combined with the massive increase in total indebtedness have led to major distortions which have created the perfect backdrop for the upcoming bull market in precious metals.'
Guggenheim Partners Global Chief Investment Officer Scott Minerd said he expects the U.S. yield curve to steepen if economic growth beats expectations...
In 13 trading days in January, nearly 10% of annual global gold production has been transferred to London via EFP's. Harvey explains...
“We’ve never seen anything like this before.”
Felder: Perhaps, this is why Warren currently holds his largest cash position in history. He certainly is not acting as if stocks are “ridiculously cheap” as so many would like to believe today in rationalizing a stock market trading at its highest valuation in history.
The tightening of central banks all around the world “wasn’t intended to cause the downturn, wasn’t intended to cause what it did,”...
it will mark the first time the index has reported four straight quarters of year-over-year declines in net profit margin since Q4 2008 through Q3 2009.
The consensus is that the U.S. consumer is still strong enough to propel the economy forward even though the manufacturing sector has weakened. This view underpins expectations for improved corporate earnings in 2020. But the hard economic data strikes a discordant note.
- That would be a mistake that could limit the benefits to workers before higher inflation is really a threat..
The Federal Reserve Bank of New York implemented a $49.8 billion short-term liquidity operation on Wednesday.