Monetary Madness
The blitz most of the central banks in advanced nations have unleashed on the world is actually the least effective, and the most risky, way to stimulate economies. Its main […]
Bill Fleckenstein Does Misunderstand Monetary Policy
Notable Fed critic and hedge fund manager Bill Fleckenstein sticks to his gums. But Fleckenstein’s position depends on a prediction that hasn’t yet materialized. So we think CNBC’s Futures Now […]
Are Central Banks Responsible For Asset Bubbles?
Many assume central banks are the main culprit for creating asset bubbles by running too loose monetary policy. However, central banks are not in control of longer-term interest rates and […]
Is the Fed falling behind the curve?
The nature of the 2008/9 crisis was different from previous crisis, and the nature of the recovery also differed. Apart from explaining the tepid nature of the recovery itself, it […]
Hard Money Versus Soft Money
Many in finance argue that the Fed policies are deeply mistaken and that the Fed is cohorting with Wall Street. The paradox is that these are some of the same […]
Are We Hooked On QE? [SPDR S&P 500 ETF Trust, PowerShares QQQ Trust, Series 1 (ETF), ProShares Short S&P500 (ETF), SPDR Dow Jones Industrial Average ETF, ProShares UltraShort S&P500 (ETF), ProShares Ultra S&P500 (ETF), ProShares Short QQQ (ETF)] – Seeking
What do we actually know with some degree of certainty (“stylized facts”) about QE, its effects on the markets and the economy? Well, for starters, the sheer size of it. […]
Is Permanent Monetary Stimulus The New Normal? [SPDR S&P 500 ETF Trust] – Seeking Alpha
The QE policy of the Fed has generated a large amount of criticism, but what if the economy can’t stand on its own two feet without it, that is when […]
Are We Hooked On QE? [SPDR S&P 500 ETF Trust, PowerShares QQQ Trust, Series 1 ETF, ProShares Short S&P500 ETF, SPDR Dow Jones Industrial Average ETF, ProShares UltraShort S&P500 ETF, ProShares Ultra S&P500 ETF, ProShares Short QQQ ETF] – Seeking
What do we actually know with some degree of certainty “stylized facts” about QE, its effects on the markets and the economy? Well, for starters, the sheer size of it. […]
The Great Unwind – How Is It All Going To End? – Seeking Alpha
While one of the victims of the budget fiasco has been the tapering of QE, it is no secret that sooner or later the Fed and some other central banks […]
Has the Fed blown it?
US monetarist David Glasner says the Fed risks a “reprise of 1937”, an episode largely forgotten because the re-armament spending soon came to the rescue. Industrial output fell 30pc to […]