Central Banks - page 02

Back to homepage
Central Banks

The Fed Fudge Factor in Treasury Yields

I hate taxes. I don’t begrudge paying for a functioning government, it’s the dysfunctional favoritism that ticks me off. This amorphous blob in Washington sucks dollars out of my wallet

Central Banks

The $4.5 Trillion Gift

Let me tell you a little story. Let me tell you a little story. It starts in November 2008 when the Federal Reserve launched an $800 billion bond-buying program to

Central Banks

Calling B.S. on Central Bankers

I’m a fan of the Marvel Comics movies, like X-Men and Iron Man. My lovely wife often catches me watching tidbits of the Avenger films when I sit down in

Central Banks

Is the Bond Rout Over?

While the Trump-fueled rally continues, the Fed’s been keeping a relatively low profile lately. Maybe it’s the New Year or maybe it’s just analyzing the incoming data to determine whether

Central Banks

The Fed Hiked Rate! So What?

As expected the Fed hiked the federal funds rate in their policy announcement following yesterday’s meeting. This was expected – I mentioned the near certainty back on November 21 –

Central Banks

Who’s On Deck at the Fed?

You may remember that in early September I wrote about the Federal Open Market Committee (FOMC) – basically, the Fed officials who vote on monetary and interest rate policies, which

Central Banks

The End of Truth

I’m tired, both mentally and physically. We just finished our three-day Irrational Economic Summit in Palm Beach, Florida, and the event ran at breakneck speed. From Harry’s opening comments to

Central Banks

FOMC Members Hold Lofty Titles, but Little Experience

A few weeks ago I wrote to you about the Fed’s responsibilities as the central bank for the United States. Not long after, we had the Jackson Hole conference. Well,

Central Banks

A Real Look at Helicopter Money

   Charles Sizemore His detractors condescendingly called former Fed Chairman Ben Bernanke “Helicopter Ben”. This comes from an off-the-cuff comment Bernanke once made in a speech about deflation. In a
Central Banks

Bond Bubble To Burst

The great commodity bubble has been steadily bursting since mid-2008, but has taken a nosedive since early 2011. It’s now down 70% overall, and 80%-plus in industrial commodities like iron