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Extreme spending ... extreme debt ... extreme welfare ... extreme militarism ... extreme Socialists ... extreme Cronyism ... All at same time! The biggest bubble to ever exist is heading for disaster.
The Federal Reserve cut interest rates for the first time in over a decade Wednesday. And Jerome Powell left the door open for future cuts.
This is not what The Fed's "insurance" rate-cut was supposed to do...
And so we are back - bad news is great news.
Federal Reserve - On Wednesday, the Wall Street-owned and controlled Federal Reserve cut the benchmark fed funds rate by a quarter point as expected.
The Federal Reserve cut interest rates for the first time in over a decade Wednesday. And Jerome Powell left the door open for future cuts. Peter Schiff broke it all down on his most recent podcast, saying this is the first interest rate cut on th
Watch: Fed Chair Powell Explain Why He's Cutting Rates At Record High Stocks & Record Low Unemployment
Cause and Effect
From 2008 through 2018, there were 4.4 million fewer births in the US than the US Census estimated there would be in its 2008 projection.
Just over eight months since Fed Chair Powell panicked and pivoted as global stocks (and bond yields) tumbled, the flip-flop is complete as The Fed has cut rates (by 25bps) for the first time since Dec 2008 (and cut the IOER to 2.1% from 2.35%).
The economy is being gambled with. The Federal Reserve is likely going to cut interest rates this week, and the global economy is at stake.
As outlined this weekend put call ratios are fairly low and benign going into this week's Fed meeting. No worries. Investor positioning? All in long it appears.
So there is a lot of buzz that the Federal Reserve is about to cut interest rates – and it might actually happen.
Stocks are at record highs.
Despite the Internet, Americans remain trapped in the Republican/Democrat pit, arguing with one another about whatever the ridiculous outrage of the day happens to be. Meanwhile, as the latest budget proves, everyone is getting their pockets cleaned
If the Fed thought its life was complicated before, when it was expected to cut rates even as the US economy was firing on all cylinders and humming along, Powell's problems just hit nightmare level, following a Q2 GDP print that not only came in far
It was a week of Treasury auctions to forget.
"When it becomes serious, you have to lie." – Jean-Claude Juncker, former President of the Eurogroup of Eurozone finance ministers
Economist John Williams says be careful what you wish for when it comes to Federal Reserve interest rate cuts. Williams explains, "Unless you can get a good healthy consumer, you are not going to get a good healthy economy.
Tulsi Gabbard Joins End The Fed Movement
Josh Sigurdson talks with former head contender for the Federal Reserve Stephen Moore as many questions the current state of the economy and whether we are heading into a recession. Stephen Moore has been considered the top critic of the Federal Rese
Thursday was a Red Letter day for that old "you don't say!" riposte. We are referring to the obvious response to Powell's black and white confession to the Senate Banking Committee yesterday that more people working doesn't cause inflation.
We have been surprised over recent weeks to read a slue of commentary proclaiming that the economy is in great shape and Fed Chairman Powell is just pandering to markets by signaling rate cut(s) in July and beyond. Specifically, "strong" readings
We have been surprised over recent weeks to read a slue of commentary proclaiming that the economy is in great shape and Fed Chairman Powell is just pandering to markets by signaling rate cut(s) in July and beyond. Specifically, "strong" readings
Earlier this morning, JPMorgan hinted at the pain that banks will soon suffer as a result of sharply lower interest rates, when it cuts its Net Interest Income forecast by $500MM to $79.5 billion, sending its stock lower.
Officially-set interest rates are coming down.
It was nice while it lasted but the "Rally in Everything" inspired by the dovish Federal Reserve is likely coming to an end -- thanks to the dovish Federal Reserve. U.S. bonds and stocks have climbed together for most of 2019 as expectations for
At the end of May, the world's largest bond manager, Pimco, whose bread and butter depends entirely on the future of the price of bonds and by implication, interest rates (and being able to correctly predict where they go) and thus, on the Fed's cont
Federal Reserve Chairman Jerome Powell said Thursday that the global economy could suffer "unthinkable" damage if the White House and Congress fail to raise the federal debt limit.
There was something masterful in the Congressional testimony by Fed Chairman Jerome Powell.
