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Economics16 March 16<16 March 16

Zero Hedge: “Cheerleader” Fed Loses Credibility: Big Funds No Longer Trust The ‘Dot Plot’

For the past four years, bond traders have quickly turned their focus after Federal Reserve meetings to something called the dot plot (seen as…

Economics14 March 16<14 March 16

Ryan McMaken: The European Central Bank Finally Throws in the Kitchen Sink

Back in January, ECB President Mario Draghi doubled down on his earlier commitment to do “whatever it takes” to prop up the European economy with…

Economics11 March 16<10 March 16

David Stockman: Thanks For The Corporate Bond Bubble, Fed

Once upon a time businesses borrowed long term money—-if they borrowed at all—-in order to fund plant, equipment and other long-lived productive assets. That…

Economics10 March 16<9 March 16

Zero Hedge: Sudden Plunge In Japanese Government Bonds Triggers Circuit Breaker, Halts Market For 30 Seconds

It was just yesterday when we observed the record collapse across the Japanese curve when first the 10Y JGB plunged to an all time…

Economics9 March 16<10 March 16

Eugen von Böhm Bawerk: Greenspan, the Sheepherder

It is common knowledge by now that Federal Reserve Chairman Alan Greenspan oversaw, enabled and approved of, a major transition in the US economy….

Politics16 February 16<11 February 16

Benn Steil: Could China Have a Reserves Crisis?

Last summer, U.S. lawmakers were condemning China for pushing down its currency, arguing that it was still “terribly undervalued.” But those days may be…

Politics15 February 16<9 February 16

David Stockman: The War On Savers And The 200 Rulers Of Global Finance

Source: http://davidstockmanscontracorner.com/the-war-on-savers-and-the-200-rulers-of-world-finance/ There has been an economic coup d’état in America and most of the world. We are now ruled by about 200 unelected central bankers, monetary apparatchiks and…

Law12 February 16<8 February 16