Volcker Delivers Punishing Blow to Bernanke Fed
In a speech this week to the Economic Club of New York former Federal Reserve Chairman Paul Volcker delivered a punishing blow to the...
This Can’t Be Healthy: Monetary Base Increases Over 260% in less than 5 Years!
The newest monetary base estimate was released by the Fed today. Many investors and analysts have become desensitized to ever increasing amounts of money...
Apple, Corporate Taxes and Congress
Senator Carl Levin, Chairman of the Senate Permanent Subcommittee on Investigations, invited Apple CEO Tim Cook up to Capitol Hill to testify on what...
Is this Rally all about the Fed?
The relentless rise in the U.S. stock market over recent months has emboldened the perma-bulls. The business news cable networks are parading out this crowd in all of their glory to gloat over the market’s rise.
Will Summer Spell the End of the Bull Market?
As U.S stock prices continue their liquidity-fueled ascent, the rationalizations for remaining bullish on the U.S. stock market become more perverse by the day....
Shocking Statistics about American Savings
The New York Fed announced yesterday that household debt levels have fallen to $11.23 trillion, down from a peak of $12.68 trillion in the...
VIDEO: Expectations for Central Banks Concern Plosser
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May 9 (Bloomberg) -- Federal Reserve Bank of Philadelphia President Charles Plosser talks about global central bank policies, the U.S. economy and stocks. Plosser,...
Trend GDP: Ain’t as Good as it Once Was
The initial estimate for first quarter GDP came in at 2.5% which fell short of the 3% projected by economists. When people used to...
Mini Flash Crash
Here’s a snapshot of last week’s mini flash crash initiated by a false tweet. Trading programs scour social media and then trade on the...
Econ Data Disappoint but the Market Heads Higher: What to do?
Since March retail sales were released on the 12th, things have looked pretty ugly in the markets. The -0.4% drop in retail sales was...