Janet Yellen
by Adam Taggart
by Adam Taggart
Off The Cuff: The Schizophrenic Fed
by Adam TaggartIn this week's Off The Cuff podcast, Chris and Axel Merk discuss:
- No Rate Hike After All?
- Yellen sings a dovish tune this week
- Wait, Wasn't The Fed Just Warning It Would Tighten?
- Yep. It was talking tough up until now
- Why Can't The Fed Make Up It's Mind?
- Because it's in a box. Jawboning is all it can do at this point
- The Next Fed Head
- A complete transformation may be in store soon
Chris and Axel unpack the latest guidance from the Fed issued this week. For those listening, the Fed's inconsistency is understandably infuriating. One week it's warning about tightening ahead, the next it's telling folks rates are just fine where they are.
Axel, who has more inside access to current & past Fed officials than anyone we know, feels that the Fed is simply trying to walk a tightrope it knows will one day snap. At this point, it's trapped. It needs to normalize rates, but doing so will crash the markets. So it's using the only tool it has — confusion — to keep the system fooled that everything is under control. Of course, one day the ruse will be discovered. But until then, the Fed will obfuscate, vacillate, prevaricate — whatever it can do to keep the status quo in place for one more day…
In this week's Off The Cuff podcast, Chris and Axel Merk discuss:
- No Rate Hike After All?
- Yellen sings a dovish tune this week
- Wait, Wasn't The Fed Just Warning It Would Tighten?
- Yep. It was talking tough up until now
- Why Can't The Fed Make Up It's Mind?
- Because it's in a box. Jawboning is all it can do at this point
- The Next Fed Head
- A complete transformation may be in store soon
Chris and Axel unpack the latest guidance from the Fed issued this week. For those listening, the Fed's inconsistency is understandably infuriating. One week it's warning about tightening ahead, the next it's telling folks rates are just fine where they are.
Axel, who has more inside access to current & past Fed officials than anyone we know, feels that the Fed is simply trying to walk a tightrope it knows will one day snap. At this point, it's trapped. It needs to normalize rates, but doing so will crash the markets. So it's using the only tool it has — confusion — to keep the system fooled that everything is under control. Of course, one day the ruse will be discovered. But until then, the Fed will obfuscate, vacillate, prevaricate — whatever it can do to keep the status quo in place for one more day…
by Adam Taggart
by Adam Taggart
Off The Cuff: No More Financial Crises “In Our Lifetime”
by Adam TaggartIn this week's Off The Cuff podcast, Chris discusses:
- Market Jitters
- What will happen if the central banks turn off the money?
- No More Financial Crises "In Our Lifetime"
- Did Janet Yellen really just say that???
- Our States Are Falling Into Bankruptcy…
- Illinois, Connecticut, Maine & more
- While The Banks Get Even Fatter
- Income from excess reserves to rise to $50 Trillion by 2019
This week, Chris takes a moment to share his thoughts in depth on where we are in the global debt saga. The overhang is getting worse, growth is not riding to the rescue as hoped, and the central banks are running out of both smoke and mirrors to keep the game continuing. Should the $200 billion monthly bonanza of central bank liquidity start decreasing — as is now being increasingly discussed — expect markets to go south quickly.
In this week's Off The Cuff podcast, Chris discusses:
- Market Jitters
- What will happen if the central banks turn off the money?
- No More Financial Crises "In Our Lifetime"
- Did Janet Yellen really just say that???
- Our States Are Falling Into Bankruptcy…
- Illinois, Connecticut, Maine & more
- While The Banks Get Even Fatter
- Income from excess reserves to rise to $50 Trillion by 2019
This week, Chris takes a moment to share his thoughts in depth on where we are in the global debt saga. The overhang is getting worse, growth is not riding to the rescue as hoped, and the central banks are running out of both smoke and mirrors to keep the game continuing. Should the $200 billion monthly bonanza of central bank liquidity start decreasing — as is now being increasingly discussed — expect markets to go south quickly.
by cmartenson
by ryn1210
