On Tuesday, it was announced that over seventeen million new vehicles were sold in 2015, the highest it's ever been in United States history.
SPRINGFIELD, Virginia- Today, 53 Senators stood with the American people and against the big banks and Wall Street by voting in favor of Audit the Fed, S. 2232.
In case it weren't completely obvious how completely screwed up the financial system is, please allow me to introduce Exhibit A: the Federal Reserve's own balance sheet.
On Wednesday December 16, 2015, Federal Reserve Bank policymakers raised the federal funds rate target by 0.25 percent to 0.5 percent for the first time since December 2008.
As you know, the S&P Case-Shiller home price indices for October were released this morning.
What if saving the economy was the easy part? ... If the past seven years have proven anything, it's that the biggest danger is often the one that no one sees coming.
Yes, you've heard that the Fed raised interest rates this week. But, like everything else the MSM ever spouts, that's not exactly true.
Stocks rose Wednesday following the Federal Reserve's announcement of the first interest rate increase since 2006. However, stocks fell just two days later. One reason the positive reaction to the Fed's announcement did not last long is that the
Janet Yellen's cautious retreat from zero-rate era ... With the Federal Reserve's hiking short-term interest rates by a quarter-percentage point, a cautious Janet Yellen has taken the final step to unwind her crisis-manager predecessor's extraordinar
Confident and clear, Yellen says rate path will be well signaled ... The unanimous backing Federal Reserve Chair Janet Yellen got for the Fed's first rate hike since the financial crisis let her deliver a clear message: Don't expect further rate hike
That's the fear mongering that some are telling homeowners and homebuyers after the Federal Reserve raised interest rates -- a tad -- off their historic lows Wednesday.
The good news is that the economy is recovering, according to this article. The bad news is that the Fed has started the clock running on the business cycle once again. As rates go up, economic activity gradually slows.
Fed raises rates for first time in 9 years ...
The Fed hiked... and the Treasury market threw up all over it, flattening the curve over 10bps in the last 16 hours (to 9 month lows).
In the aftermath of the Fed's first rate hike, SocGen's famous skeptic and "Ice Age" deflationista, Albert Edwards, who formerly called Alan Greenspan an "economic war criminal", unloads on Yellen and says that not only is the Fed's hike too late,...
It appears the "what the market missed" that we detailed earlier - This sets the Fed on a collision course with the market because "with the market pricing fewer hikes than the Fed suggests, someone is going to end up being wrong," - is starting to f
The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans.
The argument that the Fed should do nothing - for it will be harder to correct a rate rise than to do nothing - because there is no bubble anywhere, demonstrates that we have the most serious BUBBLE in history.
They are going to layer their post-meeting statement with a steaming pile of if, ands & buts. It will exude an abundance of caution and a dearth of clarity.
The Fed is about to close a momentous chapter in monetary-policy history ... The Federal Reserve is set to exit a historic monetary-policy era and enter a new one.
Fed monitoring `actual and expected' progress on inflation Officials see economy warranting `only gradual' increases
Janet Yellen will increase interest rates for the first time in nine years on Wednesday.
After several months of significant reserves liquidations by China (specifically by its Euroclear proxy "Belgium") which tracked the drop in China's reserves practically tick for tick, in October Chinese+Belgian holdings ...
Probably many if not most libertarians have heard of Galt's Gulch Chile (GGC), the proposed real estate development originating with Jeff Berwick of The Dollar Vigilante.
Why There Will Soon Be A Riot In The Casino
At the moment, the strength of the $USD correlates very strongly to equities.
07Over the past several months I have written about the difficulty the Fed will have in raising interest rates given the amount of excess reserves in the system.
This would be the first Fed rate hike in over nine years, and comes after what has been a tedious year for investors, who spent a inordinate amount of energy thinking about whether the Fed would increase its benchmark interest rate, which has been pe
Yellen signals growing likelihood of a December rate ... Federal Reserve Chair Janet Yellen told Congress Thursday that economic conditions appear to be improving enough for policymakers to raise interest rates when they meet in two weeks --
The Peter Schiff Show Podcast - Episode 122