quantitative easing

Stephen Roach knows that quantitative easing represents what got us into this mess. But the market is addicted to it like an addict wanting "crack". So, the Fed is going to give the addict what it wants because advocates of easy money are…

The real solution has nothing to do with the Fed because the constraints are demand side and not supply side. But people will continue to exhort the Fed to do more and so they will do more.

Though Vice Chairman, Janet Yellen, threw the bugs some QE red meat, Chairman Bernanke disappointed. We were expecting more positive QE speak from Mr. Bernanke, but not surprised by the sell-off.

The following is the text of a much anticipated speech Fed Vice Chair Janet Yellen gave at the Boston Economic Club Dinner, in Boston, Massachusetts on monetary policy last night. Yellen emphasized the need for the Fed to remain…

On Twitter the latest buzz is about the US ten-year government bond hitting a record low of 1.6713%. Some are amazed that the world of 'financial repression' where long-term yields are lower than consumer price inflation can go on and on…

I spoke to Paul Waldie and Brian Milner of the Globe & Mail on BNN's headline on Monday. The big story was JPMorgan Chase and the London Whale trades. JPMorgan Chase's CEO Jamie Dimon, as the leading lobbyists for the hands-off…

Hugh Hendry made some remarks about confiscation last week that I addressed in my TV appearance on RT's capital account (see video here). The gist of his comments was that he fears government's ability to confiscate wealth as a means of…

So momentum is weakening across the entire global economy at the present point, not just in say Europe, or China. Global output is still growing but it is growing at an increasingly weaker pace. What could change that?

Last month PIMCO founder and Chief Investment Officer Bill Gross said PIMCO sees a mortgage-backed QE3 from the Fed as likely. As a result, Pimco has increased its exposure to these. He spoke to Bloomberg television yesterday about how his…

The Fed is out of bullets on interest rate policy and has turned to other nonconventional measures like quantitative easing. Excess reserves have piled up as a result. What does this mean for inflation and the economy?