There is much talk in the financial press about Central Banks imposing ‘negative interest’ rates—which adds yet another oxymoron to a list that includes ‘Great Depression,’ ‘jumbo shrimp,’ and ‘open secret.’Read More
Articles are about big issues affecting readers, individual or corporate.
The Federal Reserve, a.k.a. “the Fed,” has kept the federal funds rate at zero for seven years now. But after a strong monthly jobs report in October, where the economy created 271,000 new jobs and the unemployment fell to 5%, the Fed may finally be ready to raise it.Read More
The Fed has three options with its $4.3 trillion balance sheet. 1. Don’t worry about it. 2. Sell the Bonds. 3. Stop reinvesting maturing bonds.Read More
Is the Reduction of the Fed’s Balance Sheet a Ticking Time Bomb? Two Financial Heavyweights Weigh In
A dispute is brewing in the financial press between two financial heavyweights: Paul Sheard, Executive Vice President and Chief Economist of S&P Global, and Urjit Patel, Governor of the Reserve Bank of India.Read More
So why should anyone own gold when its connection to money is founded in part on folklore and a gold standard that no longer exists?Read More
Apparently, the Congress does not know who benefited from QE nor do they understand how the Federal Reserve reduces their balance sheet. Because if they did, there is no way they would support this tax bill.Read More