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 […]
Tag: FEDERAL RESERVE
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 […]
Breaking Bad Enters the Trade War Conversation
There will be a cadre of bulls who insist that this author is insane. For the record, I am not a permanent bear as it […]
A Golden Warning for the Markets
Today the equity markets completed an intraday reversal, albeit on relatively light volume and terrible breadth, to finish the month and quarter with a so-called […]
Credit Markets are Starting to Send Warning Signs
The masses are glued to the latest headlines from President Instability and the insanity that the markets have been through the last 48 hours. Headlines […]
The Specter of Personal Gold Ownership
To say this has been one hell of a week in the markets so far is an understatement. I do not recall which of the […]
Are the Markets Approaching a Penn Central Moment?
“It is evident that the country cannot continue to advance prices and wages, to curtail production, to expand credits, and to attempt to enrich itself […]
A Hawkish Nothingburger
To call Jay Powell’s statement today a “nothingburger” would be beyond accurate. Jay didn’t want to offend President Trump nor stir the markets because after […]
A Quick Note About Gold
These pages just predicted that gold will finish 2025 strong, however, historically during post-election periods, there are some interesting tendencies which impact the gold market […]
As the Christmas Crypto Turns To Coal – A Monetary History Lesson
As the gas is being let out of the latest memecoin tonight, it might be a wise time to review some monetary history and the […]