quantitative easing

As a result of the Federal Reserve's next round of quantitative easing, Goldman Sachs is predicting a sharp slump in the US dollar's value against other major currencies. In particular, the dollar is expected to weaken to $1.79 against the…

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…

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…

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,…

It's inflation that the Federal Reserve is after. Everyone knows this. The Fed has made it explicit. The sentence from the FOMC that Marshall highlighted yesterday shows you that: "The Committee will continue to monitor the…

by Comstock Partners The stock market rally is on shaky ground and severely overextended. It is being propelled by a combination of momentum-oriented trading strategies and dubious fundamental assumptions. The traders have no real…

by Annaly Capital Management We attended Chairman Bernanke’s lecture last Friday at Princeton University, primarily because there was going to be open Q&A. As it turns out, despite our eagerly raised hand we were not called, the…