Liquidity, the “life blood” that allows the world’s capital markets to function, has been murdered.
I love McDonald’s burgers, fries, and shakes. What I don’t love is its current stock price.
When I moved to Sarasota in 1999 I was invited by a prominent local to an “un-wedding wedding” to make new friends in town. I accepted the invitation and, not wanting to display my ignorance, avoided asking the burning question, “What’s an un-wedding wedding?”
The Fed’s Chairwoman Janet Yellen spoke of “bad bank culture” on March 18. Apparently, it’s not the Fed’s concern.
“While changing the culture of organizations is not something that we can achieve through supervision, we will make sure that the ban…
Welcome to another performance of “Bank Stress Test” Kabuki Theater – where the whole show, which first started in April 2009, is just a public performance.
Central bankers disguise themselves as friendly shepherds. But really it’s more of a “wolf guarding the henhouse” situation…
You see, we’ve been experiencing deflation, not inflation…on a global scale. Why aren’t prices rising? Why aren’t wage…
The free market for banking services in the United States isn’t a free market at all.
The truth is the biggest commercial banks in America operate with virtual impunity as a government-subsidized, government-protected oligopoly.