Central Banking
The Looming Mortgage Liquidity Crisis
byBy Doug French Every 10 years or so there is a banking crisis. We are due. However, the furthest thing from most people’s minds with…
Stockman: Now It Begins—America’s State Wreck Gathers Steam, Part 1
byNow it begins. They bought the February 8th dip just like the previous 40 odd plungelets in the stock averages since the March 2009 bottom, expecting another…
Currency exchange value dynamics
byIn a recent article I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant…
Stockman: Good Riddance! How “Opioid Janet” Got Wall Street Hooked On Monetary Heroin, Part 2
byJanet Yellen deserves exactly none of the adulation being conferred upon her tenure by the mainstream financial press. In fact, her reign will be judged…
A safe place to hide – inflation and the bond markets
byUS bond yields have risen from historic lows, they should rise further, they may not The Federal Reserve is beginning to reduce its balance…
Stockman: Good Riddance, Janet, You Were A Colossal Failure, Part 1
byThis is one for the record books. During Janet Yellen’s last week in office, the Dow dropped by 1,095points or 4.1%. But by her lights, apparently, that wasn’t…
Central Banks Put a Safety Net Under Financial Markets
byMost early business cycle indicators suggest that the global economy is pretty much roaring ahead. Production and employment are rising. Firms keep investing and…
Money and the stock market: is there any relation?
byIs it true that changes in money supply are an important driving force behind changes in the stock price indexes? Intuitively it makes sense…
The Swiss Franc and The Euro: What Now?
byBy Mihai Macovei In January 2015, the Swiss National Bank (SNB) unexpectedly removed the de facto peg of the franc to the euro.1 The move was welcomed by…