Will Bernanke’s Nobel Go Down in History Like Obama’s?
Perhaps nothing defined the absurdity of the Obama era as much as President Obama’s reception of the Nobel Peace Prize in 2009 Having been in power for less than eight months at the time he...
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Perhaps nothing defined the absurdity of the Obama era as much as President Obama’s reception of the Nobel Peace Prize in 2009 Having been in power for less than eight months at the time he...
After many months of speculation, the Federal Reserve’s Federal Open Market Committee (FOMC) has finally decided to begin tapering its asset purchases The FOMC announced last week that the taper...
With the release of the latest minutes of the Federal Open Market Committee (FOMC), the talk of the Fed tapering its asset purchases has returned This time, the fear on the part of Wall Street is...
With fears of high inflation continuing to mount, the Federal Open Market Committee (FOMC) decided to throw caution to the wind, maintaining its accommodative stance of monetary policy The Federal...
Ever since the 2008 financial crisis, central banks have taken on new positions of importance Once operating largely in the shadows, today the actions of central banks are front and center in the...
One of the biggest fears that Wall Street has is that the Federal Reserve will turn off the monetary spigot Having pumped trillions of dollars into the financial system over the past year, banks and...
If you thought that the monetary policy of the Federal Reserve and other central banks today seems similar to the response to the 2008 financial crisis, you’d be right Central banks have always...
The bad news just keeps getting worse and worse After a 100-basis point rate cut and $700 billion in quantitative easing, the Federal Reserve has announced that it is opening up a new Commercial...
One of the characteristic traits of an economy that is circling the drain is one in which the central bank directly monetizes the debt issued by the government Once that starts to happen, there is no...
I haven’t seen any news on the topic, but I’ll venture to guess the best job in the world right now is that of a bond salesman And you know life is good if you’re a bond salesman with only one...