See this Bloomberg article for a look at the ingredients in a policy stew that looks like it was scraped off the floor of Worst Cooks in America. Click the…
I've been thinking about the current Fed Funds rate hike cycle, which is logically gaining forward momentum now that the Fed can stand down from its 8-year, ultra-lenient monetary policy…
Okay, this is beyond what even I thought possible when noting in NFTRH 406 (ref. this post: A Treasure Trove of Nuggets From the MSM)... “Yes yes, I know the…
The BoE, in battling the fallout from Brexit (a decelerating economy), has dropped rates to .25%. Bond markets cheer, with US yields dropping (bonds up) and global bonds rising. From…
BoJ stands pat, surprising substance addicted markets and JPY/USD slams higher. This after we have noted the trend change in USD/JPY since early in the year. Other currencies vs. USD…
Mohamed El-Erian gives a good review of the recent history of Central Bankers' descent down the rabbit hole of unconventional monetary policies. A calm, rational man well worth a listen…
Draghi Expands ECB Stimulus With More QE and Lower Rates Listen to these guys call the play by play (article link and videos)... The average sports fan pays ridiculous prices…
It is beyond me how conventional market participants can continue to play this game without having already completely lost confidence in the Central Bankers of the developed world, save for…
What They Said "In determining whether it will be appropriate to raise the target range at its next meeting, the Committee will assess progress–both realized and expected–toward its objectives of…