The Fed and asset bubbles
In his speech on April 7 2010 at the Economic Club of New York the President of the New York Fed, William Dudley argued…
Read MoreFederal Reserve
Stockman: Now It Begins—America’s State Wreck Gathers Steam, Part 1
Now 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…
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Stockman: Good Riddance! How “Opioid Janet” Got Wall Street Hooked On Monetary Heroin, Part 2
Janet Yellen deserves exactly none of the adulation being conferred upon her tenure by the mainstream financial press. In fact, her reign will be judged…
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Stockman: Good Riddance, Janet, You Were A Colossal Failure, Part 1
This 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…
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Jeffrey P. Snider: Good or Bad, But Surely Not Transitory
by Jeffrey P. Snider When Federal Reserve officials first started last year to mention wireless network data plans as a possible explanation for a…
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Benn Steil: The Fed could be tightening more than it realizes
Ten years ago, before the collapse of Lehman Brothers rocked global financial markets, the Fed’s balance sheet stood at $925 billion—mostly U.S. Treasuries. After…
Read MoreYellen’s Poor Legacy — and Powell’s Challenges
By Daniel Lacalle The appointment of Jerome Powell as the new chair of the Federal Reserve must be interpreted by the markets as a sign…
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The Fed Remains on Course – to Trouble
The Federal Reserve (Fed) is widely expected to continue to tighten its monetary policy this year. According to a latest Reuters Poll, the Fed…
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Zero Hedge: Fed Chair Janet Yellen Warns Congress US Debt Trajectory Is Unsustainable
During her testimony this morning, Fed Chair Janet Yellen urged Congress to take into account the growth trajectory of the federal debt when making decisions…
Read MoreThe Bernanke-Yellen Bubble-Depression
by Mark Thornton Source here: https://mises.org/blog/bernanke-yellen-bubble-depression In a recent article I advocated for a new way of naming business cycles. The new approach emphasizes the cause rather than the…
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