Fed Fakes Confidence With Another Dec. Quarter Point Rate Hike
On Wednesday, the Federal Reserve did exactly what they did last year They waited until the last possible meeting to nudge the Federal Funds rate
On Wednesday, the Federal Reserve did exactly what they did last year They waited until the last possible meeting to nudge the Federal Funds rate
It is Wednesday, November 9, 2016, one day following one of the biggest political upsets in U.S. political history As Donald Trump shocked everybody by
The odds of a December rate hike continue to ratchet up above 70% We had a parade of Fed officials, most recently again today coming
It’s another week where the dollar remained relatively firmly bid; the dollar index closing just above 98 Gold prices seem to have a lid on
It looks like the U.S. stock market is going to close out the 3rd quarter on a positive note The catalyst for the rally today
By: Peter Schiff, President and CEO Euro Pacific Capital For years I have argued that ultra-low interest rates act more as an economic sedative than
We had widespread selling in the markets today; it was real carnage across the board Everything went down except the U.S. dollar The Dow Jones
The carnage in global stock and bond markets continues; it really got started last night in Japan The JGB (Japanese Government Bonds) dropped for the
Yesterday we got the government’s first estimate of Q2 GDP Of course all of the pundits were looking for a big rebound from the
Mario Draghi of the ECB sent shockwaves through the foreign exchange and currency markets today He didn’t deliver the stimulus traders expected The big question