monetary policy

Note: I had corrected this post title due to the data from the BLS. However, the data were from last week as the embargoed data from this week had yet to be put up. I have amended it back to the original title and replaced the quote from…

Jim Bianco was on Bloomberg TV on "Taking Stock" talking about the US dollar. Bianco also discussed Federal Reserve monetary policy, US stocks and corporate earnings.  Bianco makes a few points on monetary policy that I made,…

David Tice, chief portfolio strategist for bear markets at Federated Investors, talks to Bloomberg about the outlook for the U.S. economy and stock market.  He is expecting to see signs of a `Double Dip' Recession.  He also…

by David Galland, Managing Director, Casey Research It's important to recognize what's actually going on with the price of gold, which has broken into new record territory again today – to $1,331 as I write. It is not that there has been a…

Frederick Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009). "I assure this committee that, if I am confirmed, I…

Here is a good segment I did this past Friday on BNN founding anchor Howard Green's "Headline" show. The other guest was Philip Coggan, capital markets editor at the Economist in London. Here's what we had to say. Record low…

In a synchronized global economic downturn, the temptation for policy makers is to view economic growth as a zero-sum game and to take policies that, while favourable to domestic constituents, end up 'stealing' growth from elsewhere. The…

Japan's Finance Minister Noda has indicated that he will take advantage of the upcoming G7 and IMF meeting to explain its Sept 15 intervention. While US Fed and Treasury and the ECB did not comment on the intervention, several others did,…

A couple of ECB officials have indicated that when the extraordinary liquidity provisions expire at the end of the end of the year, they will not be renewed.  Officials drew comfort in the recent news that the stock of bank loans…

by Annaly Capital Management Bank of Canada Governor Mark Carney delivered a speech yesterday in Ontario that contained two observations that we think are certainly true: · “Insights from financial markets are somewhat fleeting at the…