The monetary policy beatings will continue until morale improves. Eight long years after monetary policy experimentation went extreme
Deutsche’s share price fell by four percent on Wednesday after the announcement. Analysts’ predictions had varied from more than a billion euro loss to half a billion profit
Gold has risen as the US dollar has fallen but remains in to a range of a two-day US Fed meeting which is being closely watched for clues on the outlook for interest rates
Faber touted gold as “protection from a dangerous combination of tremendous government debt & massive bond-buying by central banks globally trying to fight off recession with near-zero interest rates.”
The currency wars threaten to spill over into interest-rate markets
Banks worldwide are highly leveraged, leaving them vulnerable to even a small loss, which can wipe out a significant amount of capital and increase the risk of insolvency
Has prompted ‘the QE trade’ as bonds, stocks, & bullion surge (& dollar drops). Silver just spiked to $20…
the Fed could carry out an 80% devaluation to start, announcing that gold will be US$5,000 per ounce. Then, it could do a second devaluation from US$5,000 to US$10,000 per ounce.
The Gold remained supported amid speculation central banks in Europe & Asia will step up monetary stimulus in the next few months to counteract the negative economic shock from the Brexit vote
Without a taxpayer-funded bailout that directly contravenes the Eurozone’s new bail-in rules, the world’s oldest surviving bank, Monte Dei Paschi, could soon be out of business
The ECB is bringing Europe to the brink of a widespread banking collapse. Once this crisis becomes a contagion, there will be no stopping it.
The trend shows investors are losing faith in the central bank’s long-term ability to spur price growth
it is perhaps no surprise that The Fed – once again – punted its decision to hike rates…
The private markets have found a way to provide credit for home purchases for borrowers with poor credit. How do these lenders bypass the vaunted Qualified Mortgage (QM) rules decreed by the CFPB? Simple.
The problem caused by the Fed’s phony-baloney credit-money. It has led to a worldwide debt bubble – $300 trillion worth
these new policies of charging clients simply to hold their money is the final warning to get out of most financial institutions
Though it is the world’s biggest producer, China cannot keep up with its demand for gold
Fed must proceed cautiously if it wishes to shift policy towards rate normalization & that means keeping the dollar in check.
Two recent pieces of budget news are a grim reminder of the perilous state of fiscal policy in the United States.
While there are many hopes pinned on the housing recovery as a “driver” of economic growth in 2013, 2014, 2015, 2016 – the lack of recovery in the home ownership data suggests otherwise.