What if the “Deep State” doesn’t matter? – An open question to Charles Hugh...
Charles Hugh Smith has penned a great set of arguments for why the Fed must taper. It’s a great piece and we won’t print it all here, so go and give it a read if you haven’t already. We like his...
View ArticleHow realistic is the Yuan as a global reserve currency?
It’s a popular argument right now to talk about the Yuan de-throning the dollar as the global reserve currency. What the argument gets right is that the US Federal Reserve is being run by a bunch of...
View ArticleAre US housing prices going to collapse? Yes.
We’ve already discussed the coming Baby Boomer Housing Bust, as a prime reason why housing prices must collapse in the USA. If you haven’t seen the infographic, it’s worth checking out. But there’s a...
View ArticleNotQuant’s crystal ball on today’s Fed testimony
Whether or not you believe Janet Yellen is going to say one thing and do another, we expect few surprises in today’s Federal Reserve testimony at 10am today. After gazing deeply into our crystal ball,...
View ArticleDid Janet Yellen just step out-of-bounds?
A strange thing happened during today’s Federal Reserve testimony in front of Congress: Janet Yellen told the world that she felt a particular sector on the equity markets was overvalued. More...
View ArticleWill there be an epic (final) US Dollar rally?
When large ships first begin sinking, they tend to sink evenly. The lowest part of the hull, or bilge, fills with water increasing the weight of the ship and pulling the entire ship down evenly....
View ArticleNever go full retard: Bloomberg calls for “helicopter money”
Clive Crook, a member of Bloomberg View’s editorial board, has gone where the sensible have long feared to tread. In today’s Bloomberg View, he recommends stimulating the economy by just giving...
View ArticleLagarde: The Fed should wait until 2016, even if there’s a risk of...
This has been a bad week for anyone hoping for a June hike… or even a 2015 hike. The week started out with Fed governor Lael Brainard introducing a new condition by which the Fed would gauge...
View ArticleBreach shows government can’t protect data. But FBI wants to abolish...
By now, everyone has heard that the US government was “hacked” by Chinese hackers who may or may not have been affiliated with the Chinese government. President Obama wasted little time in stirring...
View ArticleWill Asia’s wealth really surpass America’s in the near term?
The rocket-fueled ascent of Asia is now an old story. So perhaps we shouldn’t be bothered by BCG’s latest report which shows private Asian wealth has just surpassed Europe’s for the first time in...
View ArticleWhy do we survey economists’ opinions when the majority are wrong?
When it comes to the question of when (and if) the Federal Reserve will raise interest rates, we’re not really sure why the media continues to report on “what economists think“. It’s clear to anyone...
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