recovery

Bank Of Japan Leaves Policy Unchanged, Upgrades Economic Outlook

With a vote of 7 to 2, The Bank of Japan decide to change nothing about its monetary policy. While expected, some had suggested Kuroda might shift the 10Y target away from 0bps, but no - no change to asset purchases, no change to 10Y target level, and no change to policy rate. However, in what some say is a tilt towards future tightening, The BoJ upgraded its view of the Japanese economy.

Make America "Greater Fools" Again?

With markets trading at extremes, bullish exuberance at peaks and monetary policy tightening – this might be a good time to locate one of those “greater fools” to sell to. Of course, this is just the opposite of what the media is telling you to do currently.

Financialism, Not Capitalism

In short, we’ve wasted just about ten years calling a depression a recovery, and all because money is so unstable that it has become, for the mainstream as well as mainstream authorities, unrecognizable. If you don’t know what money is, you aren’t going to know when money is a problem.

Damaging The Deep State: Trump, Russia, And China

It has become clear Trump's attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the deep state, causing it great resentment, which under Obama, Clinton and the Bushes, ran geopolitical policy. From January, barring accidents the world will not be the same, the establishment up-ended.

Judge Jeanine Slams "Hopeless" Michelle: "Americans Rejected You And Everything You Stand For"

"Michelle, you may not realize it, but Americans rejected you and everything you stand for.  They know what hope is.  Hope is when people, 30,000 at a time, stand in line, in the cold, with their children, hoping to get the glimpse of a man they think can change the course of their lives from the downward spiral that you and "Mr. Hope & Change" have put them on."

Former Fed Advisor: State Pensions Time Bomb Spells Disaster For The US

Underfunded government pensions to the tune of $1.3 trillion, with a gap that just can’t be filled, is the ticking time bomb facing the US economy which faces dramatic cuts in public services - and potentially riots reminiscent of Athens six years ago - according to former Federal Reserve advisor Danielle DiMartino Booth.

2016 Facts And Figures Quiz

From Donald Trump’s unorthodox but successful campaign for President to the Brexit vote, popular votes shifted the course of global politics in ways very few could have imagined a year ago. Here is a brief quiz that highlights the year’s politics, developments in technology, and changes in the U.S. labor market/economic policy. 

The Oil Mystery Behind Saudi Arabia's Production Cut

Depending on one’s perspective, Saudi Arabia demonstrated its diplomatic prowess and made OPEC relevant again, succeeding in talking up oil prices without sacrificing much; or Riyadh was actually pretty desperate for higher oil prices, given the toll that the two-year bust has taken on the country’s economy. There are arguments to made for both sides, but then there is a third possibility...