Referring to what has become our favorite chart of 2018, in his latest Flow Show report, BofA's Michael Hartnett reminds his readers that Fed tightening cycles always end with financial "event" observing that much as peak liquidity in Q1 coincided wi
After yesterday's historic rout in the market, there were signs of stabilization in overnight trading with most markets trading higher, with the key catalyst a report from MNI that the Fed may end its rate hikes as soon as this coming spring.
The Fed is patting itself on the back.
For much of 2018, the prevailing market theme was the one Morgan Stanley dubbed "rolling bear markets" when any time a given asset was hit, whether emerging markets, Italian bonds, or tech stocks, money would simply rotate from one place to another.
Can the Fed cause a market crash?
The Fed proposes looser lending standards. I propose ending deposit insurance.
The Fed's proposal marks one of the most significant rollbacks of bank regulations since Trump took office.
The Federal Reserve announced one of the most significant rollbacks of bank rules since President Trump took office with a proposal for looser capital and liquidity requirements for large U.S. lenders.
It may not have been the craziest headline that the Trump whirlwind has generated in recent months, but you might have seen it amidst all the Stormy Kavanaghs out there: Trump says Fed is his 'biggest threat' because it is raising rates too fast
Well...he's partly right.
President Trump recently called the Federal Reserve's interest rate hikes crazy. Leaving aside President Trump's specific complaint, which is likely motivated by the belief that low rates will help him win reelection, he is right that "crazy"
Century of Enslavement: The History of The Federal Reserve
As the markets keep dropping, President Trump keeps the blame on The Fed. Being one of the most secretive and unaudited institutions in America, The Fed prefers to operate in the shadows. While Trump isn't criticizing central planning per se (which i
The economy is not a machine, and the Fed is not a mechanic. Terms like an "overheating" economy," and "stepping on the gas," or "slamming on the brakes," are all nonsense. The idea that that anyone is capable of "running the economy" is a pure fairy
Over the last couple of weeks, as interest rates surged above 3%, we explored the question of whether something had "just broken" in the market.
The average person doesn't know what the Fed is, or what it does, and President Trump has not helped in that regard. Instead of explaining to Americans that we're in a massive artificial economic bubble created by the Fed, the President has opted to
Don't look now...but another meltdown is brewing.
The USA is $21.4 trillion in debt. That is larger than the entire US economy. And it shows no sign of slowing down.
If you listen to 'official' Washington, to include the establishment media commentariat, it's gauche and unacceptable to criticize the Federal Reserve, because it's supposed to be "independent" from government and thus unassailable, despi
- THIS IS BAD!
The Fed created what Presidential Candidate Trump accurately described as a "big, fat, ugly bubble." Curiously, as President, Trump re-branded the ugly bubble as 'the greatest economy in American history.' But now that the bubble is losing air, the P
By accusing the Federal Reserve of "going loco", he is placing the blame for the coming stock market crash and horrifying economic downturn squarely where it belongs, and he is firing up millions of true conservatives among his base at the same t
Here we go again... After roiling stock markets in Asia and Europe last night when he blamed the longest stock-market losing streak of his presidency on the Federal Reserve and its "crazy" interest rate hikes, President Trump again lit into the cent
Update: After a 1000 point plunge in The Dow, President Trump has found a scapegoat.
We last wrote in July about the beginning contraction in outstanding Fed credit, repatriation inflows, reverse repos, and commercial and industrial lending growth, and how the interplay between these drivers has affected the growth rate of the true b
Citing a lack of inflation, Trump thinks the Fed is hiking interest rates too fast. President Trump, who blasted the Fed several times for keeping interest rates too low to help Hillary, now claims the Fed is hiking too fast.
One week after JPMorgan's head quant Marko Kolanovic laid out a surprisingly gloomy outlook for the future of the world's reserve currency, warning in no uncertain terms that Trump's "unilateral policies" are the biggest risk "of bringing major power
In FY 2018: Debt Up $1,271,158,167,127; Feds Borrowed $8,172 Per Every American With a Job
With yet another Fed rate hike having taken place recently, and with Jerome Powell signaling aggressive rate hikes going forward, analysts and investors are wondering if, and when, the American economy is going to start feeling the pain. People are s
In its FOMC statement, the Fed says the economy continues to strengthen, unemployment is low, and spending is strong.