Powell Keeps The Bond Bull Kicking

by Lance Roberts In a widely expected outcome, the Federal Reserve announced no change to the Fed funds rate but did leave open the possibility of a rate hike next year. Also, they committed to stopping “Quantitative Tightening (or Q.T.)” by the …

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This 2008 Year Keeps Coming Up…

https://twitter.com/OccupyWisdom/status/1104205232920248320 4. Just when you thought S&P500 Operating Profit Margins had reached a permanently higher plateau… h/t @charliebilello $SPX $SPY pic.twitter.com/JroGcdGhk4 — Callum Thomas (@Callum_Thomas) March 9, 2019 https://twitter.com/OccupyWisdom/status/1104024742015713281 NFP is a miss I think.. 😜 pic.twitter.com/zrKs3N7R5t — JoeFriday714 (@joefriday_714) …

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Why The Boom Bust Cycle Keeps Repeating

by Frank Shostak via Mises Wire In a free, unhampered market, we could envisage that the economy would be subject to various shocks but it is difficult to envisage a phenomenon of recurrent boom-bust cycles. According to Rothbard, Before the Industrial Revolution in …

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Your Tax Dollars At Work (A.K.A. The Gift That Keeps On Giving)

by DennisC Who needs “foreign” agents when .gov employees are seemingly just as effective.  Must need more projects at this agency (or less .gov employees).  Now, there’s a radical idea, IMO. https://www.nextgov.com/cio-briefing/2018/10/porn-watching-employee-infe… An Interior Department watchdog recommended the U.S. Geological Survey …

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What Kind of Hyper-Enthusiastic Market is this that Blindly Keeps Pursuing Scams to Make a Fortune Overnight, even if They Already Crashed the First Time?

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It’ll take many more sell-offs and the collapse of many more iffy stocks before this hyper-enthusiasm, after nine years of central bank nurturing, is finally wrung out of the market. Shares of “blockchain” company LongFin (LFIN) …

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