Is the so-called Trump Trade about to unravel? Economic analyst Jim Rickards thinks so. The Trump Trade rests on the idea that the president’s proposed policies of lower taxes, infrastructure spending, Obamacare repeal, and decreasing government regulations will juice the economy. As a result, corporate earnings will increase and the stock market will rise with…
Although stocks bounced back on “Turnaround Tuesday” on the belief that contagion has been contained following the rout that wiped out $3.6 trillion from equity markets following Great Britain’s referendum last Thursday to “Brexit” the European Union… we disagree. It’s bigger than Brexit… Despite many of the world’s largest hedge funds betting billions on a…
June 3, 2016 All the FED’s horses and all the FED’s men couldn’t put this fiat bubble back together again! Unfortunate as it is, it has become a common theme for me to write about the slow death of the Western economy. Sadly, the truth cannot and should not be ignored; rather, it should be…
AUTHOR : ANDREW HOFFMAN PUBLISHED: MARCH 31ST, 2016 It’s early Thursday morning – and the fifth major, massively PM-bullish (and “everything-else-bearish”) news event of the past 21 days just emerged. In order… 1. March 10th – ECB reduces interest rates to -0.4%; raises its (already one-year old) QE program from €60 billion to €80 billion/month;…
Central banks are the bane of any society yearning to remain free. But there are ways we can undermine their power, and their monopoly control over the economy, through state and individual action. Since the founding of the U.S. central bank known as the Federal Reserve, the dollar has lost an incredible amount of value…
NEW YORK – The recent volatility of the Dow Jones Industrial Average indicates savvy investors on Wall Street are worried. Should the Federal Reserve, under Chairman Ben Bernanke’s replacement, “taper” the current Fed policy of buying U.S. Treasury debt, investors anticipate a sharp downward market correction, possibly even a market crash. Last week, the Dow…
In response to questions from members of the Senate Banking Committee at her confirmation hearing, Janet Yellen emphasized the need to maintain a highly accommodative stance of monetary policy in light of the disappointing economic recovery. Her comments were broadly in line with what Goldman would have expected, and by-and-large were very similar to statements made by…
