Why won’t monetary policy just work as designed? It sounds so utterly simple: To review: Interest rates are the price of lending and saving money. When interest rates throughout the economy are low...
Here is the graph from FRED for FOMC Summary of Economic Projections for the Fed Funds Rate, Central Tendency, Midpoint. (link) 1.15% for 2016. 2.45% for 2017. 3.20% for 2018. LOL… lots of luck...
We are finishing up the world currency reports. The reports are not ready at this time, but we will make an announcement once they are available. As we stated at the conferences, nothing appears ready...
NMI Cracks Appear The non-manufacturing (services) ISM is still growing but prices and new export orders both plunged into contraction. Moreover, 8 out of 18 industries fell into outright contraction....
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for what banks were selling. Large p...
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for what banks were selling. Large p...
George A. Romero knew how to make an entrance onto the Hollywood stage. Night of the Living Dead, his 1968 directorial debut, set the ‘A’ standard for horror flicks. Though the special effects may...
Photo Credit:Sheila Scarborough LinkedIn Corporation (LNKD) Information Technology – Internet Software & Services | Reports February 4, After Market Closes. Key Takeaway The Estimize consen...
Back in April 2013, we showed for the first time something few were aware of, namely that “At $72.8 Trillion, The Bank With The Biggest Derivative Exposure In The World” was not JPMorgan a...
U.S. auto sales remained mostly unscathed by a bitter winter blizzard to post their best January numbers in more than 15 years. Low fuel prices combined with other factors led to encouraging figures e...