The Fed Will Raise Interest Rates The Fed will raise interest rates on the pretext/false narrative that the economy is doing well. If data continues to come in negative the Fed will insist it is transitory and the economy will improve in the second half. Higher interest rates are necessary to promote U.S. Treasury Bond … Read More →
Recovery Summer VII. As the U.S. economy continues to decelerate, the Fed and main stream financial media continue to insist the slow down is “transitory” and weather related. This week’s podcast discusses the absurdity of the wishful economic thinking that predominates among policy makers their media mouthpieces. Podcast Summary: 0:00-4:55 Introduction Initial Jobless Claims 4:55 … Read More →
Why The Labor Force Participation Rate is Dropping It’s not because of retiring baby boomers, but rather because people in their prime working years are dropping out of the labor force. This week’s podcast discusses the Fed’s insistence that economic recovery is just around the corner now that the bad weather is behind us and … Read More →
The Fed on the Economy The Fed labels recent economic weakness as “transitory”. This week’s podcast discusses the Fed’s insistence that economic recovery is just around the corner now that the bad weather is behind us and that interest rates will be raised one day. Podcast Summary: 0:00-2:20 Introduction Review of The Federal Reserve’s Open … Read More →
Does the Fed Need to Raise Interest Rates Are rate increases necessary to combat de-dollarization initiatives? The Fed and De-Dollarization. A drop in foreigners holding U.S Treasuries may indicate declining demand. The Fed’s top allegiances are to its shareholder banks and the U.S. Government. If higher rates are needed to help the U.S. Government raise … Read More →
Cash Is Not a Convenient Store Of Value. As bad economic news continues to roll in, the Fed publically remains undaunted and insists rate hikes are on the horizon. Distortions created by quantitative easing are apparent and worsening. The few bits of good economic news are met with media exclamations of “robust!” and “solid” Poor … Read More →
The Fed Removes the Word “Patience”. The Fed tries to prepare the markets for a rate hike, insisting the economy is doing better. The housing and economic recovery narratives incessantly peddled by the mainstream media are wearing thin as a stream of poor economic data pours in contradicting the narrative. Podcast Summary: Introduction:0:00-5:40 What Does … Read More →
Ten Reasons the Real Estate Market WON’T Go Ballistic This Spring The podcast ends with a critique of a recent Fortune article titled “Ten Reasons the Real Estate Market Could Go Ballistic This Spring” (see below) Podcast Summary Introduction: 0:00-3:58 What’s Next for the Fed? 3:58-7:36 The Fed has chatted the dollar higher with all … Read More →