Federal Reserve

Key Events In The Coming Week: Inflation, Spending In The Spotlight

With the French election now finally in the rearview mirror, this week's focus is on global inflation releases, with the spotlight falling on the US and China. We also have BoE and RBNZ rates meetings. In other data we note industrial production in the Eurozone, UK and Norway along with US retail sales and Fed speakers.

Is North Korea The Excuse China Needs To Launch Monetary Armageddon?

If the politburo decides that there is no other way (and easier timing for a scapegoat) than now as to suddenly devalue the currency and put a world of financial hurt squarely on the West (and the U.S. in-particular) while simultaneously using all the turmoil as to hasten the pace (and possibly secure the position for more SDR influence) the table for such a move has probably never been set so neatly, so perfectly, and so probable as it is today.

Doug Casey On The End Of Western Civilization

"Many of the words you hear, especially from the media, are confused, conflated, or completely misused; and this is corrupting the language. As George Orwell liked to point out, to control language is to control thought. The corruption of language is adding to the corruption of civilization itself. This is not a trivial factor in the degradation of Western Civilization."

Sell Euros - It's That Time Of Year Again

"The Euro has a strong seasonality pattern to decline in the month of May. Right now with Macron exuberance filling the air, the Euro is bid. Yet I am not optimistic that the current Euro rally will accelerate. I suspect it was merely a short covering rally on news that Le Pen did not sweep into power."

Watch Live: Yellen Speaks At Brown University Conference

Moments from now Federal Reserve Chair Janet Yellen will deliver a speech at Brown University as part of the "125 Years of Women at Brown Conference." While the purpose of the conference is to "celebrate the role of women at Brown over the last 125 years," we suspect that most people will be tuning in just to see if she slips up and reveals any clues about future Fed policy.