garynorth.com / Tom Rose / November 25, 2015
No problem in America has generated more widespread concern than the problem called “inflation.” Everyone is touched by this pervasive problem in one way or another:
(1) Harried housewives struggle week after week to stretch their household budgets in the midst of rising prices. Even Christian mothers […]
mises.org / Ryan McMaken / NOVEMBER 25, 2015
Defenders of the Fed have long been at a loss to explain how anyone could ever oppose the Fed and its “stimulus” programs. After all, in their minds it is unassailable gospel that the Fed makes everybody better off when it creates new money, forces down interest […]
news.goldseek.com / By: Steve Saville, The Speculative Investor / 27 November 2015
If you listen to the top central bankers of the world talk for long enough you will come away with the impression that central banks are attempting to give us “price inflation”, as if rising prices were beneficial. However, nobody wants to pay […]
zerohedge.com / by Tyler Durden on 11/26/2015 13:30
As you’re probably aware, the Fed has a hard time spotting asset bubbles. Just as there was no housing bubble in 2006 according to the honorable and exceptionally “courageous” Ben Bernanke, there’s no bubble in equities today and certainly no ZIRP-induced fixed income bubble either.
The other […]
truthingold.com / November 26, 2015 at 13:53
European Central Bank President Mario Draghi has been promising to pursue inflation with a vengeance. He recently vowed to “do what we must to raise inflation as quickly as possible.”
Draghi’s efforts, which have driven down the euro, have somehow been taken by Wall Street as a […]
goldmoney.com / BY ALASDAIR MACLEOD / NOVEMBER 26, 2015
“I can prove anything by statistics except the truth” – George Canning
Canning’s aphorism is as valid today as when he was Britain’s Prime Minister in 1817. Unfortunately, his wisdom is ignored completely by mainstream economists. Nowhere is this error more important than in defining […]
zerohedge.com / by Tyler Durden on 11/25/2015 14:51
On Monday, Mauricio Macri, the son of Italian-born construction tycoon Francesco Macri, beat out Cristina Kirchner’s handpicked successor Daniel Scioli for Argentina’s presidency in what amounted to a referendum on 12 years of Peronist rule.
A legacy of defaults combined with exceptionally high inflation and slow […]
Mario Draghi, the monetary crank currently heading the ECB. We are not dispensing this insult (or let us better say: this objective description) of the man willy-nilly. The hoary inflationism he propagates was unmasked as the hallmark of monetary crankery more than a century ago already. Somehow it has become the “economic orthodoxy” of […]
mises.org / Andrew Syrios / NOVEMBER 24, 2015
It’s quite interesting indeed when both progressives and conservatives seem to be nostalgic for those good ol’ days in the 1950s, for different reasons, of course. Conservatives want to go back to the nuclear Leave It to Beaver family and what not while liberals like to […]
sovereignman.com / Tim Price / November 23, 2015
[Editor’s note: This letter was penned by Tim Price, London-based wealth manager and frequent Sovereign Man contributor.]
Seven years on from the collapse of Lehman Brothers, everything has changed, and yet nothing has changed.
There is no longer a perception of panic. $14 trillion of central bank […]
marctomarket.com / Dr. Win Thin and Ilan Solot / November 23, 2015
EM starts the week on an uncertain footing. Commodity prices were off sharply until comments by Saudi Arabia lifted them, reversing the trend in commodity-sensitive assets. The dollar is also back on the rise, pressuring EM FX even as a December FED […]
theburningplatform.com / By Jim Quinn / 21st November 2015
After adjusting for inflation, the majority of Americans are worse off today than they were decades ago. The map below shows that median household income actually peaked at least 15 years ago in 81% of U.S. counties.
wallstreetexaminer.com / by John Del Vecchio via Economy and Markets / November 19, 2015
When it comes to the stock market, fun little acronyms and buzzwords make me cringe.
It’s like that grueling sensation when someone runs his or her fingernails along a chalkboard. The reason being – when a phrase becomes so popular that […]
kingworldnews.com / November 20, 2015
KWN is releasing an interview with David Stockman today, but first here are two legends in the business discussing the action in the markets.
First, a portion of today’s note from Art Cashin’s: The Fed Minutes – Redux – With virtually all the pundits assuring us that a December hike […]
news.goldseek.com / By Gary Tanashian / 20 November 2015
In August of 2005 I wrote an article entitled Waiting for Goldot. It seems silly now but the mood of the time was one of frustration for many gold bugs as the S&P 500 was on a robo grind upward and gold was seemingly going […]
zerohedge.com / by Tyler Durden / 11/20/2015 04:18 -0500
As we reported moments ago, Mario Draghi just unleashed another “whatever it takes” speech, this time focusing on the ECB’s fight with the “deflation monster” and explaining how the central bank plans to boost inflation and inflation expectations, saying that “while inflation will remain low […]
zerohedge.com / by Tyler Durden / 11/20/2015 03:52 -0500
Yesterday, there was pent up expectation that the ECB’s latest minutes, by being structurally dovish and thus the opposite of the Fed’s own minutes, would unleash another round of EUR weakness. This did not happen, and instead not only did the EUR jump during the […]
zerohedge.com / by Tyler Durden on 11/19/2015 14:48
On Wednesday evening, we brought you the latest economic data out of Brazil.
It was a disaster.
For anyone who missed it, we got a look at the IBC-Br monthly real GDP indicator yesterday and to quote Barclays, output is in “free fall mode.” In […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / WEDNESDAY, NOVEMBER 18, 2015
There is no way Fed policy can be win-win-win for all participants. One result of the global dependence on central bank interventions is a unhealthy fixation on the slightest changes in those interventions, oops I meant policies. Since the slightest pull-back in central bank […]
zerohedge.com / by Tyler Durden / 11/19/2015 07:22 -0500
Here is Bloomberg’s Richard Breslow giving the trader’s take on why the minutes from the ECB’s October meeting, due imminently, are even more importantly than those released yesterday by the Fed.
Coming on the heels of the FOMC minutes, which said nothing surprising, today, we […]
gainspainscapital.com / Graham Summers / November 18, 2015
In 2008, the world experienced the worst economic collapse in 80+ years. This collapse triggered a stock market crash that erased $30 trillion in wealth.
Since that time, collectively Central Banks have cut interest rates over 600 times and have printed over $15 trillion in new […]
wallstreetexaminer.com / by Alan Tonelson • November 17, 2015
Who said The Federal Reserve can’t generate any inflation?
The CPI YoY rose from 0% to 0.2% for October, hardly a groundswell of inflation, particularly with the Wu-Xia shadow Fed Funds target rate still below zero.
But the real story behind the CPI inflation numbers […]
wallstreetexaminer.com / by Alan Tonelson • November 17, 2015
The Federal Reserve’s new October industrial production show that manufacturing ended the technical recession it had suffered since last November, as the sector posted its first inflation-adjusted output gain since July. Industry’s year-on-year growth, however, remains sluggish – especially in durable goods, where annual real output […]