The stock market's initial reaction to the FOMC announcement was interesting, to say the least. After receiving the umpteenth excuse as to why rates can still not be raised, coupled with a promise that they eventually will be, the market initially
Following last week's meeting of the Fed, at which the decision was made to keep interest rates at virtually zero, even many mainstream commentators are beginning to question whether we need a Federal Reserve Bank and even whether we need a central b
When is the price of some marketable good or service at or near zero? When either the supply of it is so plentiful that virtually any demand, no matter how great, can be satisfied or when no matter how large or small the supply of it may be, people's
Over the past few months (not to mention last 7 years), the topic of America's "missing inflation" has gained major prominence, because while supposedly every other aspect of the economy is humming along....
Perhaps no economic pronouncement in history has been anticipated, discussed, predicted, dissected, and reported like the Federal Reserve's momentous decision today not to raise interest rates.
The Fed has as much as promised to make the blind see and the lame walk. It claims that it – and it alone – is capable of improving the U.S. economy and, by extension, the world economy.
Today and tomorrow the Federal Reserve Open Market Committee will meet to, among other things, decide whether to increase the interest rate. Will they or won't they? Ron explains their dilemma.
The Federal Reserve meets this week and the first rate rise in nearly a decade -- albeit a small one -- is on the table. Most businesses, including over 64 percent of those surveyed last week by the National Association of Manufacturers, think it i
Why am I interested in digital cash? Quite simply because things are not okay the way they are. If the future I was taught to expect were here, I would have a flying car and be taking frequent vacations beyond the Moon.
"Not one of the [politicians running for president] is focused on the true evil in the system, which is a rogue central bank that's destroying free market capitalism…
Global stocks slipped as signs of resilience in the U.S. labor market and comments from the Bank of England rekindled concern the Federal Reserve will raise interest rates even as China's slowdown threatens global growth.
Global stock markets had a strong day of gains yesterday.
Bloomberg reported that the Dow rose 390 points – or 2.4% – "on optimism over China."
We're amazed.
Why did we focus so much attention yesterday on a post in which the IMF confirmed what we had said since last October, namely that the BOJ's days of ravenous debt monetization are coming to a tapering end as soon as 2017 (as willing sellers simply
Editor's Note: The stock market has always been an illusion sitting on top of an elephant on a balancing ball in a circus act… now the Federal Reserve is once again acknowledging that it will intervene at any and all costs