Demographics

Why The Fed Will Fail Once Again

"The Fed’s bungling should come as no surprise... The Federal Reserve has done almost nothing right for at least the past twenty years, if not longer."

Russia-Gate Flops As Democrats' Golden-Ticket

The national Democrats saw Russia-gate and the drive to impeach President Trump as their golden ticket back to power, but so far the ticket seems to be made of fool’s gold...

Schaeuble: "The Britons Were Endlessly Lied To And Deceived" On Brexit

Schaeuble said that British people were "endlessly lied to and deceived" in last year's Brexit referendum campaign. The finance minister, speaking on the first anniversary of the Brexit vote, was scathing about the "leave" campaigners who persuaded a majority of voters to opt to quit the European Union.

Moody's Cuts Aussie Bank Ratings Due To "Tail Risk" Concerns

"Whilst mortgage affordability for most borrowers remains good at current interest rates, the reduction in the savings rate, the rise in household leverage and the rising prevalence of interest-only and investment loans are all indicators of rising risks."

The Disturbing Trend That Will End In A Full-Fledged Pension Crisis

"Right now, millions of Americans are hard at work believing their pensions will be their saving grace for retirement. But the predicament pension funds across the United States find themselves in does not just spell trouble for the distant future... The crisis is happening as we speak."

Bill Gross: "All Markets Are Increasingly At Risk"

"You have the potential for low asset returns in which the now successful strategy of “making money with money” is seriously threatened. How soon this takes place is of course the investor’s dilemma, and the policymakers’ conundrum. But don’t be mesmerized by the blue skies created by central bank QE and near perpetually low interest rates. All markets are increasingly at risk."

S&P Futures At Record High After "Shocking" UK Election Result

"Triple Threat Thursday" is now a distant memory, with both the ECB and Comey testimony "non-events" for the market, although the UK general election was a shocker in which contrary to expectations, Theresa May lost her majority in Parliament, sending sterling tumbling overnight and prompting even more confusion about the UK's political fate and the future of Brexit.

Visualizing The Global Demographic Timebomb

With record-high amounts of student debt, questionable job prospects, and too much avocado toast in their bellies, many millennials already feel like they are getting the short end of the stick. But, there’s another economic headwind they face as they are coming of age: the percentage of the global population that is 65 or older will double from 10% to 20% by 2050.

It's Always Just A Question Of Price

"I don’t buy the idea that Central Banks are incapable of stimulating the private sector to borrow. Like most things in life, it’s just a question of price, and these Central Banker knobs seem willing to pay whatever it takes."