Thursday morning began with a hard Mr. Slammy of selling against precious metals and this headline for all of those of us considered “goldbugs” which […]
Tag: FEDERAL RESERVE
Did The Bank of Japan Make A Tactical Mistake?
The Bank of Japan is as screwed up as Jay Powell’s Federal Reserve. There, I said it. Except they bow more, are more polite, and […]
9/17 FOMC Preview: No One Will Be Happy
This is one of easiest stories a commentator can write, especially since a blind drunk caveman could do it. And yes, yours truly does enjoy […]
President Trump’s Firing of Fed Governor Cook Might Backfire
Tonight, in what can only be called a shocking move, President Trump put down the Diet Coke, apparently, and went fully leaded which of course […]
Trump’s Stagflation Nightmare Accelerates with Powell’s Folly
As someone who studied history and lived through the late 1970s in high school then into college, it might seem like I am now once […]
Jackson Hole Marks the Start of America’s Financial Market Insanity
Way back in ancient history, okay, actually on July 13, 2025, these pages published the following article: Will Trump’s War on the Fed Crash the […]
How Retailers Like Walmart Pass on Tariffs to the Public
After listening to Peter Navarro bark like a trained seal on Bloomberg Television this afternoon, I fear this brief thread is more necessary than ever. […]
An Inflation Report Courtesy of the Federal Reserve and Tariffs
While there is so much I could write about starting with last Friday’s events, and believe me, this author will, the story of this fiasco […]
Trump’s War on Jay Powell Hits a Bessent Speed Bump
The Wall Street Journal broke some news on Saturday afternoon which appears to have created a dilemma for the get rid of Powell at any […]
Will Trump’s War on the Fed Crash the Markets?
“There is no cause to worry. The high tide of prosperity will continue.” – Andrew Mellon, August 1929 The President of the United States once […]
The Financial Pandemic of 2025
That’s it said the Business Man. Industry cannot run on optimism. Optimism cannot create commodities or sell them; it cannot operate a shoe factory or […]
Federal Reserve Chair Jay Powell to Congress: No Cuts for You
In about ten minutes from now, Federal Reserve Chairman Jay Powell will present the following prepared remarks to the Committee on Financial Services, U.S. House […]
FOMC Statement: Please Don’t Smell This
Before I engage in my usual dissection of the bull crap session, here is the actual Federal Reserve Open Market Committee statement straight from their […]
Another FOMC Nothingburger, or Is It?
The financial media is all perplexed to read today’s Federal Reserve Open Market Committee statement as their appears to be a whiff of stagflation in […]
Something Wicked From Asia Has Hit US T-Bills
As many of my regular readers know, I maintain fairly bizarre hours as I’m usually in the office early getting things accomplished and sometimes up […]