monetary policy

With commodity prices, there are a number of forces at play working to increase prices, including a thirst for natural resources in China and other emerging markets, a natural disaster in Australia, and the La Niña effect on agricultural…

In this segment on Bloomberg with Tom Keene just after the jobs report was released yesterday morning, Bill Gross continues hammering away at the central banks' easy money monetary policies, the main point of his last newsletter. His…

Frederick J. 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) and "The Coming Collapse of the Municipal Bond…

By Marshall Auerback Yesterday, Ed wrote a good piece on consumer spending and the return of the economy to the status quo ante. I think it's a little bit more malign than that. There has been a real positive change in the underpinnings…

Bill Gross is at it again. The bond king who has taken a populist turn is out with another monthly investment commentary that features a negative view of Wall Street (God's work) and Federal Reserve monetary policy. I want to hone in on the…

Frederick J. 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) and "The Coming Collapse of the Municipal Bond…

by Comstock Partners The majority of economists and strategists are now telling anyone who will listen that  the economic recovery is now normal and are trumpeting this view to jump-start the stock market. They are confidently…

By Win Thin Reserve Bank of India hiked interest rates by 25 bp yesterday, as expected. Reverse repo rate is now 5.5% and the repo rate 6.5%. The RBI said it will hold its mid-quarterly policy review on March 17 under the recent switch…

On Monday I first learned that Spain was to partially nationalise its banking system via the Financial Times Deutschland. The title of this article is the most appropriate I have seen discussing the issue, "Madrid riskiert für Cajas…

Frederick J. Sheehan is the author of "The Coming Collapse of the Municipal Bond Market"(Aucontrarian.com, 2009) On January 7, 2011, Kelly Evans of the Wall Street Journal interviewed former Federal Reserve Chairman Alan…