The following is a survey of seven Federal Reserve tools in the Fed toolkit to stimulate the economy if recession or deflation gains the upper hand and why their toolkit is flawed.
I dunno about you, but I rather enjoy watching the praetorian Deep State go batshit crazy as the day of Trump’s apotheosis approacheth. I imagine a lot of men and women running down the halls of Langley and the Pentagon and a hundred other secret operational redoubts with their hair on fire, wondering how on earth they can neutralize the fucker in the four days remaining.
The Federal Reserve’s zero interest rate policies (ZIRP) have an unwelcomed effect: both the Federal Government and Private Pensions gorged themselves on low-cost debt.
For all of the 29 years I’ve spent trading and investing, I’ve watched governments and central bankers attempt to thwart the free market to serve their own ends.
When it comes to economic policy uncertainty, 2016 was a bad year for the Big 4 European states, except for one: Italy.
Here’s the problem with central banks seeking higher inflation: costs go up but wages don’t.
It’s been only two weeks, yet 2017 is off to an interesting start. It’s certainly quite a contrast to last year’s “worst market start in decades.”
“We are going to do the worst thing we can do to you,” wagged Russian political scientist Georgi Arbatov, with purring relish, just as the Soviet Union was set to breathe its last…
Who says there won’t be any “continuity” between President Obama and President Trump?
Over 15 major U.S. companies laid off workers in 2016.
For example, Macy’s Inc. (NYSE: M) let 4,000 workers go last year. And Microsoft Corp. (Nasdaq: MSFT) laid off 2,800.
Unfortunately, this trend is likely to continue into 2017