zerohedge.com / by Tyler Durden on 12/20/2014 21:00
With all the “talk” of diverging paths of monetary policy… one could be forgiven, if glancing at the chart above, for thinking the inevitable endgame of Keynesianism is very much at hand as first The BoJ, then The Fed, then Europe all enter ZIRP… and […]
wolfstreet.com / by Wolf Richter / December 21, 2014
The oil price plunge accelerated with the end of QE-3 Correlation is not causation. Just because two things occur at the same time doesn’t mean that one causes the other. I get that.
But when the Fed buys $3.6 trillion in assets with freshly created […]
davidstockmanscontracorner.com / by David Stockman / December 19, 2014
Folks, it’s a tyranny of the PhDs. Recently, the central bank of Sweden was subject to a withering tirade by that oracle of Keynesian rubbish, professor Paul Krugman, who accused it of “sado-monetarism” for leaving the Swedish economy exposed to the mythical economic disease of […]
dollarvigilante.com / By Jeff Berwick / 2014/12/16
The trajectory is clear. Painfully clear.
The US government is so beyond bankrupt it isn’t even worth belaboring the point. We’ve spent the last five years here doing so.
What is more important, if you are an American who still has most of your assets inside the […]
zerohedge.com / by Tyler Durden on 12/11/2014 14:40
Even though the economy may not have normalized fully, it is also clearly no longer in crisis, and yet, as Bloomberg Brief’s Carl Riccadonna notes, monetary policy remains calibrated at a crisis stance. There are numerous reasons for this as we have expounded vociferously but the make-up […]
peakprosperity.com / by Chris Martenson / December 3, 2014
The world economy is slowing down and the authorities are fretting.
Japan, Italy, and Greece are all in recession. China is slowing down according to official statistics, and even more according to whispered accounts.
Germany, France and the Netherlands are all at stall speed.
davidstockmanscontracorner.com / by David Stockman / November 19, 2014
On any given day, Janet Yellen is busy squinting at 19 essentially meaningless labor market graphs on her “dashboard”, apparently looking for evidence that ZIRP is working. Well, after 71 months of zero money market rates—-an unprecedented financial absurdity—-there are plenty of footprints dotting the financial […]
wallstreetexaminer.com / by Lee Adler / November 10, 2014
It may be more than a few, but increasingly some central bankers like the courageous Richard Fisher of the Dallas Fed and Chuck Plosser of the Philly Fed are speaking up, joined by a few well known money managers. They’re echoing the complaints that I […]
blog.milesfranklin.com / Andrew Hoffman / November 10th, 2014
Real money advocates have endured mental and financial torture since TPTB’s manipulations passed the “point of no return” three years ago. However, we have never been more correct in our forecasts or views. Indeed, the political, economic and social environment of the “good old days” […]
zerohedge.com / by Tyler Durden on 11/10/2014 12:10
Excerpted from Paul Singer’s letter to investors,
Policymakers in the developed world do not seem to believe (as we do) that their complete reliance on zero-percent interest rate policy (ZIRP) and quantitative easing (QE) for propping up the global economy may be the unintended but proximate cause […]
zerohedge.com / Excerpted from Paul Singer’s letter to investors / 11/06/2014 18:26
MARCHING IN THE WRONG DIRECTION
ZIRP and QE have levitated a number of asset classes without generating sustainable, powerful economic and employment growth in the developed world. The asset price appreciation has delighted investors, and even those who are queasy and concerned […]
wolfstreet.com / by Wolf Richter / November 4, 2014
“I do not believe it’s the Fed’s job to rescue reckless investors from the errors of their ways.” Now they tell us!
Some stock-hype artists said that the Fed can’t actually stop QE, ever, or that it would restart it at the first squiggle in the […]
news.goldseek.com / By John Browne, Senior Market Strategist, Euro Pacific Capital, Inc. / November 3, 2014
Last week, the unelected European Commission demanded that the United Kingdom pay an additional $2.8 billion to fund the European Union. The new charges resulted from the fact that the British economy had grown faster than had been […]
caseyresearch.com / Chuck Butler / October 28, 2014
In This Issue.
* Currencies are mixed today. * Euro goes back and forth around 1.27. * Kuroda wants more yen weakness. * Gold is Money.
And Now. Today’s A Pfennig For Your Thoughts.
The Riksbank Joins The ZIRP Group! .
Good Day!… And a Tom Terrific […]
silver-coin-investor.com / Dr. Jeffrey Lewis / Oct 26, 2014
Old Habits Reappear Fighting the Fear of Fear Growing Conspiracy Myself Is after Me Frayed Ends of Sanity Hear Them Calling Frayed Ends of Sanity Hear Them Calling Hear Them Calling Me – Frayed Ends of Sanity, Metallica
Many of you have are aware of the […]
zerohedge.com / Via Scotiabank’s Guy Haselmann
In 2008, various liquidity facilities, designed by the Fed, unclogged broken capital markets. Shortly thereafter in early 2009, QE1 was implemented to improve market liquidity and transform investors’ general revulsion to financial assets. The combination helped avert economic and financial disaster. The Fed responded well at that time; however, […]
davidstockmanscontracorner.com / by David Stockman / October 13, 2014
Nearly two decades of central bank financial repression have created huge distortions and imbalances in the world economy. Now they are coming home to roost as the impossibility of ZIRP forever dawns on even our mad money printers. Having created yet another round of ebullient […]
davidstockmanscontracorner.com / by David Stockman / October 8, 2014
Its no wonder governments are broke and central bank money printers are going wild throughout much of the developed world. They are unfortunately listening to the kind of goofball economics that issues from Keynesian economists like Larry Summers and his clones and confederates at the IMF.
S&P 500 Index – 30 Years
deviantinvestor.com / by Gary Christenson / September 9, 2014
Several markets seem over-extended and about to reverse their current trends.
S&P 500 Index: It bottomed in March 2009 about 670 and is currently about 2,000. The S&P, thanks to QE, ZIRP, Central Bank purchases, and […]