"It’s been a good few weeks for investors, spurred primarily by the de-escalation in the trade war, with Trump only this weekend claiming it will be signed very shortly."
Bloomberg News was fined $7.6 million, or five million euros, for reporting fake news that caused shares of French construction company Vinci to tumble...
Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists who start from a wrong diagnosis...
"...they threw the sink at this economy when it comes to Keynesian stimulus, monetary and fiscal, and they were not able to deliver above-average GDP growth."
With the Dow Jones Industrial Average hitting a 1-year low and the S&P 500 hitting its lowest level since 2017, Mnuchin had seen enough and determined it was time to interrupt his vacation to stop the bleeding.
The Fed’s manipulation of interest rates depreciates the dollar’s value, enabling the growth of the welfare-warfare state while enriching the insiders who receive the new money before prices rise...
"Our Interest Rate Strategists expect the Fed to expand its balance sheet through April/May. After that, markets may once again have to confront a world with limited trade progress and no further Fed support."
