Is the US fiscal stimulus working?
by Shaun Richards One of the problems of economics is that reality rarely works out like theory. Indeed it is rather like the military dictum that tells us that a … Read more
stimulus
The Chinese way of economic stimulus has started already in 2020
by Shaun Richards Firstly welcome to the new year and for some the new decade ( as you could argue it starts in 2021). The break has in some ways … Read more
Inflation Threat Looms in 2020 as Fiscal and Monetary Stimulus Ramp Up
by moneymetals The Federal Reserve left its benchmark interest rate unchanged as expected last week. However, Fed Chairman Jerome Powell made news with some of his most dovish remarks to date … Read more
Expect The ECB To Use A “Climate Crisis” To Justify Their Next Stimulus Plan
by Daniel Lacalle via Mises According to the IMF (International Monetary Fund) and the IIF (Institute of International finance) global debt has soared to a new record high. The level of government debt … Read more
Christine Lagarde trolls Germany and asks for more fiscal stimulus
by Shaun Richards This morning has seen the first set piece speech of the new ECB President Christine Lagarde and it would not be her without some empty rhetoric. The … Read more
Notwithstanding Draghi’s $3 Trillion Stimulus—-Europe Keeps Sliding Toward Recession
By David Stockman The situation, to put it mildly, has gone from bad to worse. Even when the numbers tick up, they do so by the smallest margin. Mainstream reports, … Read more
The UK has opened the fiscal taps and started a fiscal stimulus
by Shaun Richards The credit crunch era has seen some extraordinary changes in the establishment view of monetary policy. The latest is this from the Peterson Institute from earlier this … Read more
Can Monetary Or Fiscal Stimulus Turnaround The Next Recession?
Authored by Patrick Hill via RealInvestmentAdvice.com, A recession is emerging with interest rate curves inverted, the end of the business cycle at hand, world trade falling, and consumers and businesses beginning … Read more
Central bank stimulus is distorting financial markets. This is not a slowdown, it is the hangover of the “synchronized growth” mirage.
Half of banks would not survive a six month crisis, ECB warns t.co/1sNE0IDVSGA case of “wanting”to have your cake and eating it.. and living in hope from the ECB — … Read more
Alasdair Macleod: Central Bank “Stimulus” is Really a Huge Redistribution Scheme
By Alasdair Macloeod via Mises Wire When an economy turns from expansion to contraction there is an order of events. The first signs are an unexpected increase in inventories of unsold goods, both … Read more
Top ECB Official Resigns After Questioning Stimulus
FRANKFURT, Germany (AP) — A member of the European Central Bank’s leadership has resigned after publicly questioning the need for the bank’s stimulus efforts, opening an unexpected vacancy on the … Read more
China stimulus is not working. Debt saturation may have been, finally, reached.
via Tuomas Malinen: Chinese M1 growth YoY (liquid money supply) is still very anemic and not responding to the lower rates + PBOC stimulus (only 3.4% YoY in Aug). (Keep … Read more
While fiscal stimulus has been providing support for economy, its impact is ebbing
While fiscal stimulus has been providing support for economy, its impact is ebbing@MoodysAnalytics @SoberLook pic.twitter.com/aQlok5ut8q — Liz Ann Sonders (@LizAnnSonders) September 9, 2019 – DEUTSCHE BANK SAYS ITS ECONOMISTS ARE … Read more
China RRR Cuts Are Not Stimulus, They Are A Warning! Escalation.
Authored by Jeffrey Snider via Alhambra Investment Partners, Chinese monetary authorities announced yesterday what will be for some of its banks a seventh round of “stimulus.” For the largest institutions, it … Read more
Bloomberg: German Unemployment Jump Adds to Pressure for Fiscal Stimulus
www.bloomberg.com/news/articles/2019-08-29/german-unemployment-jump-adds-to-pressure-for-fiscal-stimulus?srnd=premium The number of people out of work increased by 4,000 to 2.29 million in August, the fourth straight month that joblessness failed to drop after six years of almost … Read more
Why The Next ECB Stimulus Plan Will Also Fail
by Daniel Lacalle In June 2014, I wrote an article called “Draghi’s Plan does not fix Europe.” In that article, I explained that the structural challenges of the eurozone — … Read more