Bob Hoye Weighs in on Paul Volcker
It's like all of we old and sort of old guys are coming out of the woodwork this week about the passing of the last great Fed chief. Yesterday we…
It's like all of we old and sort of old guys are coming out of the woodwork this week about the passing of the last great Fed chief. Yesterday we…
The worst kept secret in the financial world is that the FOMC will not be further cutting the Fed Funds Rate today. In fact, 2.2% of futures players are speculating…
Paul Volcker has passed away and that bears a few words, not to celebrate or criticize him, but to take a look at US central banking in general with regard…
Global central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor…
CME boyz predict a .25% cut today in near unanimous fashion. They ease up in December, leaving room for the Fed to surprise the market should there be some kind…
See Steve Saville's The Coming Great Inflation You should read the whole article, as Steve has studied von Mises and Austrian theory and applies his own well thought out observations…
[edit] I may have misspoken in the post below. If my hazy memory serves I think I remember something about Powell not being a formally trained economist. But it does…
Actually, the post title was written before the release. So I have no clue what comes next. Just assuming, as I get the post ready to be Johnny on the…
[edit] Thanks again to Dylan, here is more that may make your head explode (don't let it, you are going to need it on the other side of FOMC): Repo…
While a majority of wise guys still expect the Fed to cut the Funds Rate tomorrow, the percentage has dropped significantly, from what I seem to remember as near-unanimous in…
[edit] My friend Scott chimes in thusly... "Oh, nice post this morning, all I can say and ever say is what Pete Townsend so accurately wrote in Won't Get Fooled…
Da boyz on da CME is still cuttin' da rate... 93% say 1/4 point in September. That one seems - and is - rather obvious. October has 56% of the…
Trump's rage tweeting against the Fed continues. Let's translate, shall we? As your President, my job is to get reelected and in order to get reelected I need to keep…
[edit] Spoiler... nothing new under the sun other than the last line they slipped in... "The Committee will conclude the reduction of its aggregate securities holdings in the System Open…