Way, way, way back in history, I penned an article and a warning: Powell and the Fed Screw up Again In that piece I stated […]
Tag: FEDERAL RESERVE
Jay Powell Can Not Win Today
There is this growing theory of thought being promoted on the Bubblevisions (financial television) that the Federal Reserve is done raising rates. It is promoted […]
Why Friday’s Jackson Hole Symposium Matters Now More than Ever
The constant debate between television economists and FinTwit commentaries (Financial Twitter) is that the statements and papers submitted by Federal Reserve members, including the Fed […]
Happy Fed Blunder Day Everyone!
One year ago, here was the headline on these very pages: The Federal Reserve panicked on June 15, 2022 and raised rates 75 bps in […]
Today’s Inflation Report Was Not as Great as Advertised
This morning the Bureau of Lying Statistics issued their latest report on CPI and as usual, the Bubblevisions celebrated it with on air parties like […]
4/28 Bank Failure Friday Rides Again: First Republic Bank of California, Come on Down (5/1-Updates)-Acquired by JP Morgan Chase
5/1/23 UPDATE 0426 ET: The financial world was saved from rampant speculation overnight as the rumors began to swirl around midnight on the savior of […]
Bitcoin Surges Above 30,000
The news for the Cryptogeek community is noting but good news as Bitcoin surged last night above 30,300 and as of 4:30 a.m. this morning […]
The Fed’s CPI Problem
On Wednesday, April 12th, the BLS will release the latest data set for the Consumer Price Index (CPI-U) which consensus seems to think will be […]
Real Inflation as Reported via PCE was Far Worse than Reported
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per […]
FOMC Today: The Four Horseman of the Bondpocalypse Ride
Today will be a historic event for those of us who are both historians and economic geeks. The Federal Reserve Open Market Committee reveals the […]
Gold Soars Above $2000, Equities Down as Banking Panic Continues
The lack of awareness by the leading Western central banks is nothing more than breathtaking. As they forced the bailout of Credit Suisse in Europe […]
The Banking Crisis is A LOT Worse than Reported Earlier
Now you can panic. Just about 3 hours ago, I reported on the letter from the mid-sized banks to the FDCI basically asking for a […]
The CPI Reading for Inflation Should Come in Hot Today
I am standing by most of my December 31, 2022 prediction where I stated the following: -The Federal Reserve conducts a shocking 0.50% rate increase […]
More Banks Crashing and Burning in the Pre-Market
I think I’ll just leave this here… Lines were seen outside a First Republic Bank branch in California, with worried customers wanting to withdraw funds […]