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Zero Hedge: The ECB Has Almost Run Out Of German Bonds To Buy
Economics6 June 17<6 June 17

Zero Hedge: The ECB Has Almost Run Out Of German Bonds To Buy

Source: http://www.zerohedge.com/news/2017-06-06/ecb-has-almost-run-out-eligible-german-bonds-buy One month ago, when looking at the sudden change in ECB bond purchasing patterns, especially of German Bunds, we reported that the central…

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The World’s Central Banks Are Frozen with Fear
Economics24 May 17<22 May 17

The World’s Central Banks Are Frozen with Fear

By Ryan McMaken   2016 was supposed to be the year that the Federal Reserve “normalized” its policies. As much as two years ago —…

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Jeffrey P. Snider: Unfortunately An ‘Official’ End To The Rising Dollar Isn’t More
Economics18 May 17<18 May 17

Jeffrey P. Snider: Unfortunately An ‘Official’ End To The Rising Dollar Isn’t More

TIC data confirms that “reflation” captured more than just pricing sentiment. It appears to have occurred in bank balance sheet activity, and related official…

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Benn Steil: PBoC Spins China’s Bad-Loan Data
Economics28 April 17<27 April 17

Benn Steil: PBoC Spins China’s Bad-Loan Data

In a recent speech at Bloomberg’s headquarters in New York, People’s Bank of China Deputy Governor Yi Gang reassured his audience on the level…

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Benn Steil: RMB Globalization, Once “Unstoppable,” Heads Into Reverse
Money7 April 17<6 April 17

Benn Steil: RMB Globalization, Once “Unstoppable,” Heads Into Reverse

“The globalisation of the [Chinese RMB] seems remorseless and unstoppable,” the Economist pronounced in April 2014.  A year later, a research-grant foundation asked me…

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Auditing the Fed Is Now More Important than Ever
Economics6 April 17<6 April 17

Auditing the Fed Is Now More Important than Ever

By Jonathan Newman Last week, the House Committee on Oversight and Government Reform approved a bill submitted by Thomas Massie (R-KY) to allow Congress to…

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‘Nowhere To Go But Up’ Survives Because The Fed Refuses To Be Honest About Its Assessment of the Output Gap
Economics5 April 17<5 April 17

‘Nowhere To Go But Up’ Survives Because The Fed Refuses To Be Honest About Its Assessment of the Output Gap

by Jeffrey P. Snider The Federal Reserve under Ben Bernanke committed several unforgivable mistakes during his tumultuous tenure, but cumulatively they could be easily…

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Economics3 April 17<3 April 17

Yellen’s Balance Sheet Baloney

By George Selgin Of the many questions reporters asked Janet Yellen on Wednesday, at her press conference following the FOMC’s decision to raise the Fed’s policy…

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Zero Hedge: Two Fed Presidents Warn Markets Getting “Frothy”, Valuations “May Come Down”
Economics31 March 17<30 March 17

Zero Hedge: Two Fed Presidents Warn Markets Getting “Frothy”, Valuations “May Come Down”

In what was the clearest sign to date that the Fed is targeting the stock market bubble with its rate hikes (recall two weeks…

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Economics30 March 17<30 March 17

For Keynesians and Austrians, “Uncertainty” Means Two Different Things

By G. P. Manish and Felicia Cowley Keynesian economics has witnessed a remarkable resurgence since the crisis of 2008. The inability of mainstream economics to predict or…

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