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via @Schuldensuehner: #ECB officials lack enthusiasm for any revamp of their negative-interest rate tool and some doubt it will actually happen. www.bloomberg.com/news/articles/2019-04-16/ecb-officials-are-said-to-lack-enthusiasm-for-sub-zero-tiering …
Via The Market Once again, the expedition to go back to normal has been postponed. After the big market scare at the end of 2018, central banks have abolished their … Read more
from Zero Hedge Almost five years ago, in May 2014, when he was setting the scene for the biggest asset bubble trap in history – trap because his own policies made … Read more
via CNBC: One long-lasting impact from the crisis — caused in part by irresponsible bank behavior — is suppressed interest rates, Wells Fargo analyst Mike Mayo wrote. “It’s absolutely a … Read more
by Shaun Richards Today brings this subject to mind and let me open with the state of play in Switzerland. The Swiss National Bank is maintaining its expansionary monetary policy, … Read more
by inspurious View the interactive version here. This chart shows the suicide rate (per 100,000 persons) in California between 1999 and 2017 for 5 separate age groups. Data source: Multiple Cause … Read more
Another month passes and another month of declines. Here we are watching the slow and steady fall. It’s not exciting because it’s expected. As I mention in the video towards … Read more
via upfina: The MBA mortgage applications index in the week of March 29th was very strong mostly because of the growth in refinancing due to the drop in interest rates. The composite … Read more
by WARREN MOSLER Looks like there was a drop in employment growth by firms with under 50 employees: ‘Last hire first fired’ has made this a leading indicator in prior … Read more
by nastynagle Used a Kaggle data set: Link Code posted on GitHub: Link Used ggplot and geom_line in r
by WARREN MOSLER Decelerating faster than previously reported: Weakness in imports may be confirming weak US consumer demand: Highlights January’s trade deficit came in at a much lower-than-expected $51.1 billion … Read more
by confoundedinterest This week, Turkey further roiled markets by preventing foreign banks from accessing the liras they need to close out their swap positions. That’s made it almost impossible for bankers to short … Read more
by: Isabelle Z. (Natural News) The problem of antibiotic resistance has gained a lot of international attention in recent years, with doctors and patients alike growing more aware of the … Read more
The central banks are STUCK. Raising rates simply can’t happen anymore. It will crash the markets. Lowering interests are more likely but that signals that conditions are worsening. Poor little … Read more
via Zerohedge: While some are ignoring the looming economic crunch and instead blame mortgage convexity hedgers for the sharp move lower in yields in the past week which led to the first … Read more
Economists tend to think of central-bank interest rates purely in terms of their effect on macroeconomic benchmarks such as inflation, output and unemployment. The Federal Reserve’s dual mandate, for instance, directs … Read more