wallstreetexaminer.com / by Brian Maher via The Daily Reckoning / April 21, 2017
Be afraid. Be very afraid.
So reads billionaire Paul Tudor Jones’ message to Janet Yellen.
Jones says that eight years of essentially zero interest rates have pushed stock valuations to their highest level since 2000 — right before the dot-com bust.
zerohedge.com / by Tyler Durden / Apr 20, 2017 9:50 PM
Billionaire investor Paul Tudor Jones has a message for Janet Yellen and investors: Be very afraid.
Echoing a number of recent high profile managers’ warnings…
Guggenheim Partner’s Scott Minerd said he expected a “significant correction” this summer or early fall, citing as potential […]
zerohedge.com / by Jeff Thomas via InternationalMan.com / Apr 17, 2017 12:50 PM
Regarding the Great Depression… we did it. We’re very sorry… We won’t do it again.
– Ben Bernanke
Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road—either too much […]
acting-man.com / MN Gordon / April 17, 2017
Behind the Curve
Economic nonsense comes a dime a dozen. For example, Federal Reserve Chair Janet Yellen “think(s) we have a healthy economy now.” She even told the University of Michigan’s Ford School of Public Policy so earlier this week. Does she know what she’s talking […]
zerohedge.com / by Tyler Durden / Apr 16, 2017 6:00 PM
Since their peak ‘shortedness’ in mid-January, US Treasury bond bears have covered 500,000 10-year-equivalent contracts, reducing the net speculative short to its lowest since before Thanksgiving 2016.
At the same time, however, Eurodollar shorts (bets on Fed rate hikes) have soared to a […]
zerohedge.com / by Lance Roberts via RealInvestmentAdvice.com / Apr 13, 2017 10:22 AM
I thought the following quote from Janet Yellen’s Q&A at the University Of Michigan this week was interesting regarding the lessons I thought were learned from the financial crisis.
“First, we supervise banking organizations and some other financial enterprises to make […]
acting-man.com / Bill Bonner / April 13, 2017
Ticks on a Dog
A brief comment on Fed chief Janet Yellen’s revealing speech at the University of Michigan. Bloomberg:
“Before, we had to press down on the gas pedal trying to give the economy all of the oomph that we possibly could,” Yellen said Monday in […]
kingworldnews.com / April 11, 2017
With the metals markets rallying, this is what is creating a strong bid in the gold market today.
Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: In her speech and Q&A (including twitter) late yesterday, Janet Yellen said nothing new but […]
mishtalk.com / Mike “Mish” Shedlock / April 5, 2017
The debate over productivity rages on. Some believe productivity is understated. Others believe it is overstated.
Janet Yellen believes a lack of strong productivity gains may be responsible for tepid wage gains.
Financial Times writer Edward Luce is confused, as are many others. Luce discusses […]
mises.org / C.Jay Engel / March 30, 2017
As often noted, the Fed’s economists and bureaucrats operate on the assumption that everything they do is part of the solution, but they are never part of the problem. Yellen’s recent speech at the National Community Reinvestment Coalition is centered around the theme of “creating a […]
wallstreetexaminer.com / by Craig Wilson / March 22, 2017
The threat from too big to fail banks has now elevated to the point that ignoring a modern Glass-Steagall Act is too dangerous to repress any longer. As massive Wall Street banks continue to inflate in size, the bipartisan negligence guided by the U.S central […]
news.goldseek.com / By Frank Holmes / Tuesday, 21 March 2017
For the third time in two years, the Federal Reserve lifted interest rates 0.25 percent last week following the previous week’s phenomenal jobs report. The move was seen as more dovish than many market analysts had anticipated. BCA Research went so far as to […]
wolfstreet.com / by Wolf Richter / Mar 20, 2017
Bondholders, savers, consumers to be put through inflation wringer.
Inflation will rise above target, and that’s OK, the Fed heads who’ve been talking since last week’s meeting said. The Fed will hike rates, maybe faster than expected, but they won’t catch up with inflation, keeping […]
gata.org / By Ranjeetha Pakiam, Bloomberg News / Thursday, March 16, 2017
Investors may be better off with silver rather than gold. The Federal Reserve’s pledge to stick to its dovish outlook on U.S. monetary policy has fueled a rally in precious metals and silver usually beats its more valuable peer in a rising market.
gainspainscapital.com / Graham Summers / March 15, 2017
Today the Fed hiked rates for the third time in eleven years.
In so doing it has confirmed what many have long suspected: that the only thing that matters to the Fed is stock market levels.
The Fed certainly doesn’t care about GDP growth. If it […]
financialsense.com / MATTHEW KERKHOFF / 03/14/2017
All attention is once again on Janet Yellen and the Federal Reserve this week, as the FOMC meets to determine whether an interest rate hike is warranted.
At this point, with Fed Funds futures prices pointing toward a 95% chance of a rate hike, an increase to the […]
zerohedge.com / by Tyler Durden / Mar 9, 2017
Unlike next week’s Fed meeting, in which the market assigns a 100% probability that Janet Yellen will hike rates again by 25bps, there are far less fireworks expected out of the ECB statement this morning at 12:45GMT, and Mario Draghi’s press conference 45 minutes […]
wallstreetexaminer.com / by James Rickards / March 3, 2017
I was surprised this week that the stock market reached new highs — despite the fact that expectations of a March rate hike by the Fed moved from 40% to 60% in three days. Today those expectations are about 75%.
But I’ve been calling a March […]
armstrongeconomics.com / by Martin Armstrong / Mar 3, 2017
I have warned that rates will rise BECAUSE the Federal Reserve will be criticized if they fail to do so when they are faced with a stock market that is rising. However, while one by one, several Fed officials […]
My takeaway from Yellen: rates will rise at a faster pace than in 2016; the new neutral rate is lower – for now – all normal in 2018
— Axel Merk (@AxelMerk) March 3, 2017
zerohedge.com / by Tyler Durden / Mar 3, 2017
After years of listening to Bernanke […]
zerohedge.com / by Tyler Durden / Mar 3, 2017 9:52 AM
With the Fed Funds future market pricing in an almost certain 25 bps rate hike on March 15 following a series of hawkish comments by Fed officials this week, hitting 90% as of this morning, up threefold in the past week…
… with today’s […]
zerohedge.com / by Tyler Durden / Mar 3, 2017
World stocks pulled back from all time highs, and European bourses initially followed U.S. futures and Asian shares lower, however both European risk sentiment as well as E-Minis rebounded after an Odoxa poll showed Macron overtaking Le Pen in the 1st round for the first […]
wallstreetexaminer.com / by Jim Wyckoff / March 2, 2017
(Kitco News) – Global stock markets were mostly weaker Thursday, on downside corrections following recent good gains. U.S. stock indexes are also pointed toward narrowly mixed openings when the New York day session begins, after surging to record highs on Wednesday and scoring the best […]
zerohedge.com / by Tyler Durden / Mar 1, 2017
With Janet Yellen seemingly set on its course of hiking rates – no matter what given the hawkish screamings of the last 36 hours – we thought a reminder of what The Fed really is and what The Fed really does was worthwhile…