by confoundedinterest17 The Federal Reserve has strayed away from its original mandate and is now an asset bubble preserver bank. It seems as if no one is afraid of the big, bad inflation wolf after all. It was a telling commentary …
by Lance Roberts Janet Yellen’s latest commitment to support the Biden progressive agenda from higher taxes to unionization, will not lead to increased economic prosperity. Instead, it will lead to more outsourcing and offshoring of U.S. Labor. Such was evident in …
by confoundedinterest17 U.S. lumber futures rallied as much as 4% to $1,541 per 1,000 board feet Wednesday, the highest ever for a most-active contract. The surge came as voracious home-construction and renovation demand sends builders scrambling to secure the wood they need. Prices have …
https://www.zerohedge.com/markets/stocks-extend-losses-after-yellen-says-rates-will-have-rise Update (1315ET): Just as we predicted – but even sooner than we expected – Treasury Secretary Janet Yellen has not just walked back her earlier statement but has entirely reversed it. “Let me be clear it’s not something I’m …
https://www.youtube.com/watch?v=tEi_5zMZ4_k Jim Hoft from The Gateway Pundit reports, Joe Biden and Democrats are hoping to raise the corporate tax rate in America from 21% to 28% to pay for all of their new trillions in federal spending. But the Biden …
Yellen calls for minimum global corporate income tax WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to at least partially offset any disadvantages that might arise …
https://t.co/LaitDuBiwG — *Walter Bloomberg (@DeItaone) April 5, 2021
BREAKING: Treasury Secretary Janet Yellen says more needs to be done to address the financial system's vulnerabilities. In her first Financial Stability Oversight Council meeting, Yellen also says climate change poses a “tremendous risk to our country’s stability” pic.twitter.com/R71duVbnbk — …
by Jesse Colombo via RealInvestmentAdvice.com, In a speech in Hong Kong this week, former Fed chair Janet Yellen stated that “global central banks don’t have adequate crisis tools.” According to that logic, she believes that launching additional multi-trillion dollar rounds of …
by Jesse Colombo In a speech in Hong Kong this week, former Fed chair Janet Yellen stated that “global central banks don’t have adequate crisis tools.”According to that logic, she believes that launching additional multi-trillion dollar rounds of quantitative easing and …
Just another crisis created by the Fed. The admissions come out and the mainstream is silent. What else is new?.. do you think that the public even cares about the Fed’s operations?
via CNBC: Former Federal Reserve Chair Janet Yellen thinks the central bank may have implemented its last rate hike of this cycle. A faltering global economy whose weakness spills over into the U.S. could push the Fed into a prolonged …
by Mac Slavo of SHTFplan The former head of the Federal Reserve, the United States’ central bank, warns that another financial crisis is most definitely possible. Janet Yellen said that the tools that could help prevent another crisis are not all that great …
via CNBC: “I think things have improved, but then I think there are gigantic holes in the system,” Yellen says. The former Fed chair cites leverage loans as an area of concern and says there remains an agenda of unfinished …
“there are a lot of firms that will go bankrupt” in the coming down-cycle. Yellen and Powell are on the same page. This bubble in leveraged loans ($1.3 trillion!) is destined to end badly…"there are a lot of firms that …
Sears files for bankruptcy, CEO steps down. The retail problem is not going away it is going to get a lot worse. Retail sales declined, restaurants are reporting spending has declined.Russia is making plans with many countries to cut the …
via hedgeye: Last week we posted a snippet from Rob Chrisman’s housing finance blog about former Fed Chair Janet’s Yellen being “puzzled” due to the lack of home ownership by Millennials. The ensuing reaction was an order of magnitude above our normal …
Buckle up! This ‘ultimate bear chart’ signals a pivotal moment for investors As if all the recent action in the reeling stock market, just on its bloodied face, isn’t troubling enough, there’s another reason to be worried. Sven Henrich of …
by David Haggith The sweet grande dame of the central bankster world sees nothing but the brightest future to the furthest horizons for the markets she has been nurturing with her benevolent “wealth effect,” as one of her close colleagues called it. While …
by Chris Another financial crisis like 2008 is not likely “in our lifetime.” Oy! Clearly…things are very different now! Continuing on to provide future fodder for economic bloggers: Yellen said the Fed has learned lessons over the years, not merely …
By Michael Snyder Federal Reserve Chair Janet Yellen is quite convinced that the United States will not experience another financial crisis for a very long time to come. In fact, she is publicly saying that she does not believe that …
From Jim Rickards, Editor, Rickards’ Gold Speculator: Investors are giddy now that the Dow’s broken through the mythical 20,000 mark. Many anticipate Trump’s economic agenda will spur the economy. But the most decisive factor in the implementation of the Trump …
by Oliver Donaldson In my last article I wrote at length about the near-term challenges that are threatening the recent bullish run of the so called “Trump Rally”. These economic factors will probably lead to a correction any time now …