1-M HIBOR vs. LIBOR rates now at lowest level since 2007! Interesting how same spread disparity also corresponded with the market top for HK stocks. Note: HSI index peaked in 2018, and it’s now re-testing the upper bound of a …
by Brian Maher of Daily Reckoning “From time immemorial proverbial wisdom has taught the virtues of saving,” wrote Henry Hazlitt, “and warned against the consequences of prodigality and waste.” Hazlitt authored his masterly primer on economics, Economics in One Lesson, in …
by Simon Black And just like that, it seems we’re headed back to quantitative easing… After cutting interest rates to nearly zero following the 2008 crisis, the Federal Reserve starting raising rates near the end of 2015 (from 0.25% to 2.5% …
by John Rubino The Baltic Dry Index represents the cost of renting an ocean-going container ship to move goods from, say, Chinese factories to the Port of Los Angeles. The more stuff being made and sold, the higher the demand …
Fox Business, Released on 2/7/19 Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm …
via yahoo: (Bloomberg) — Renewed discussion about the potential for the Federal Reserve to employ negative interest rates to combat an economic downturn is already prompting objections from some market veterans. In a letter published Feb. 4 by the Federal Reserve …
by Dave A fascinating post by Wolf Richter, quoting an NBER report/model that found lowering rates too far, for too long, gives an undue advantage to the market leader. This reduces competition, which in turn reduces productivity, and also ends …
by Shaun Richards This week has seen a development I have long-expected and forecast. That is that the establishment will respond to the next economic slow down with negative interest-rates. The rationale for that is in one sense simple as …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Powell, Draghi, Kuroda, et al.: Did ya see this NBER study? This is something we have seen since the Financial Crisis all around us: The concentration and consolidation of corporate market power in entire industries, largely …
by prosthetic brain Cancers fueled by obesity are on the rise among young adults in the United States and appearing at increasingly younger ages, according to an analysis released Monday by the American Cancer Society. The study, published in The Lancet …
Despite low rates and massive liquidity, global capital expenditure (investment) is falling. There will be a say when central planners will undertsand the word "overcapacity" and stop the fallacy of stimulating a demand that has been overstimulated for years. pic.twitter.com/PVKWqoiJjn …
by Shaun Richards This feels like one of those days where there has been an epoch shift or to be more specific the morning after the night before. It is not as if we have been caught by surprise, as …
by Graham Summers of Gains, Pains, & Capital If you’re looking for a template for what’s coming to the US during the next crisis, Europe is the place to start. Europe has already imposed cash grabs via Negative Interest Rate Policy (NIRP). That’s …
by Natura Naturans ‘Clean energy leader’ PG&E Filing Bankruptcy – rejects investor bailout – massive rate hike looms Anthony Watts / 1 hour ago January 29, 2019 If only they’d spent more money on keeping their infrastructure maintained instead of chasing …
by Shaun Richards In these times of ultra low interest-rates in the western world anywhere with any sort of interest-rate sticks out. In the case of Argentina an official interest-rate of 60% sticks out like a sore thumb in these …
Fox Business, Released on 1/22/19 Allianz chief economic adviser Mohamed El-Erian on why he believes that the Federal Reserve will cut rates in 2020 and the strength of the U.S. economy. Mohamed El-Erian is the Chief Economic Adviser of Allianz, …
by DCG Why are people supporting Netflix? I’m guessing the “newbs” who sign up are either unaware of the CRAP Netflix supports or they just don’t care. I wonder if new subscribers are aware of the following: Garbage: “Chilling Adventures of …
People have been conditioned to accept the maximum quantity of debt they can get. This is unacceptable and will surely be a losing battle. Yet so many people do this. Do you think that rising interest rates will have a …
https://twitter.com/Paul_Courtney/status/1086997594688184320 maybe this is not a "glitch" pic.twitter.com/3TzZuMT8NC — Alastair (@StockBoardAsset) January 19, 2019 Planet Earth to Policymakers: Please Reflate pic.twitter.com/0XRdyIZCI0 — Alastair (@StockBoardAsset) January 20, 2019 China set to report slowest economic growth for 28 years https://t.co/65emP40s6W — Sunchartist …
by ButterflyCatastrophe I’ve seen a lot of comments about people not understanding marginal tax rates, so I made a graph comparing the marginal tax bracket with the effective tax rate as a function of income. These graphs start at 0, because …
by Frank Holmes, CEO, U.S. Global Investors January 7, 2019 King Dollar was on top in 2018, one of the few major assets to close the year in the black on steady interest rate hikes and robust economic growth in …
https://www.youtube.com/watch?v=zR9LnDrX6cI they want you to pay more so they have the money to burn your town to the ground ,so they can claim your property RL
Alexandria Ocasio-Cortez Suggests Super Wealthy be Taxed Up to 70% to Fund ‘Green New Deal’ Rep. Alexandria Ocasio-Cortez sat with Anderson Cooper for an upcoming 60 Minutes interview set to air this Sunday, a portion of which has been released as a promotion. In the released …
by Lance Roberts Last Monday, Jeff Gundlach, famed bond fund manager and CIO of Doubleline, made an interesting comment during an interview with CNBC when he stated that the 10-year Treasury yield would top 6% by 2020 or 2021. 6% would …
via Marketwatch: The worst December for stocks since 1931? Call off Christmas already. Investors are still staggering this morning, a day after that coal-in-your-stocking move — to some — by Fed Chairman Jerome Powell & Co.., who defied nearly everyone …
The Federal Open Market Committee, which makes monetary policy for the Federal Reserve, finished its two-day meeting Wednesday. Markets expected the central bank to approve a quarter-point interest rate increase. The Federal Open Market Committee, which makes monetary policy for …
https://twitter.com/NorthmanTrader/status/1075362089781354496 https://twitter.com/NorthmanTrader/status/1075359150144671744 pic.twitter.com/ib0p6TQeOz — M/1_LP (@MI_Investments) December 19, 2018 https://twitter.com/OccupyWisdom/status/1075385528374226944 Yield Yield Yield – this chart says we are PRESENTLY IN A MAJOR BEAR MARKET NOW $SPX pic.twitter.com/TBpOGeipQN — mcm-ct.com (@mcm_ct) December 19, 2018 Corp bond issuance,,,,,same double top formation …
by Michael Snyder The Federal Reserve is responsible for creating the stock market boom that we have witnessed in recent years. Are they now also setting the stage for a stock market bust? After hitting an all-time high earlier this year, …
Venezuela’s 15-Cent Phone Bills Come Complete With No Service. The price of Movistar’s top mobile internet plan is about 100 bolivars, or some $0.15 at the black market rate, compared to a $17 price tag for a similar plan offered …
CNBC, Released on 12/10/18 Billionaire investor Paul Tudor Jones discusses monetary policy at the Federal Reserve and what the commodities markets says about the economy.