The Dark Side Of Artificially Low Interest Rates

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Artificially Low Interest Rates Update November 29, 2016: Click here to see the Smaulgld commentary video to this report below. Artificially low interest rates are bad for the economy. “Public opinion always wants easy money, that is, low interest rates” – Ludvig Von Mises, A Critique of Interventionism Over the past decade or so the Read More →

Is the Fed Bluffing About Tapering QE? Podcast 9.26.13

Last week the members of the Federal Reserve voted to continue their $85 billion quantitative easing (QE) bond buying program. Many had expected the Fed to begin to taper their purchases. Immediately following the meeting St. Louis Fed President James Bullard claimed that if the data supported an improving economy, the Fed might taper QE Read More →

The State of The Economy – Podcast 9.6.13

The End of the Recovery Podcast Summary Ryan discusses the the Syrian situation and its impact on interest rates. Ryan reviews the ADP payroll numbers and the initial jobless claims and notes that they were not too good but the market thinks they were not bad enough to cause the Fed not to taper its Read More →

What Impact Will Syria Have On Fed Monetary Policy – Podcast 08.29.13

Podcast Summary Ryan reviews the new home sale data that was released last week and was well below expectations. Ryan notes that it takes negative economic news to drive interest rates down. Ryan notes that the market is expecting the Fed to taper and that the recent GDP revision to 2.5% is being touted as Read More →

The Fed: To Taper or Not To Taper – Podcast 8.22.13

To Taper or Not To Taper Cumulative Summary of the Fed’s Position on Tapering QE: “We need more of what didn’t work to make sure it’s working and we need more data and we said we would taper, so there, but no rush!” Summary Of Podcast Ryan and Louis discuss the initial jobless claims and Read More →

Can Central Banks Really Fix the Economy?- Podcast 8.15.13

Can Central Banks Fix the Economy? Summary of Podcast Ryan and Louis discuss the initial jobless claim data released this week. Louis points out that fewer people not losing their jobs is not the same as people getting jobs. Louis and Ryan discuss St. Louis Federal Reserve President James Bullard’s recent statement on tapering and Read More →

Funding the Government Without the Fed and Quantitative Easing – Podcast 8.9.13

Much has been said about the potential impact on the real estate and stock markets if the Federal Reserve were to taper its quantitative easing program or to eliminate it altogether. The debate centers around whether and by how much rates would rise and what impact that would have on the real estate and stock Read More →

Why Interest Rates are Rising – Podcast 8.2.13

Why Are Interest Rates Rising? Summary of the Podcast Ryan reviews the ADP employment and the Bureau of Labor Statistics report the latter showing poor job growth while the former showed good job growth. Louis notes that the BLS report was not good as half new jobs were in retail or restaurants and there was Read More →

The Dark Side of Rising Home Prices

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The Dark Side of Rising Home Prices What’s Wrong With Higher Home Prices? The Real Estate Industry and Media Tout Rising Home Prices as a Good Thing, But Are They? Real Estate News I guess I don’t buy your premise, its a pretty unlikely possibility, we have never had a decline in housing prices on Read More →

Obama’s Better Bargain – Podcast 7.24.13

Obama’s Better Bargain “I’m going to challenge CEOs from some of America’s best companies to hire more Americans” President Obama at Knox College July 24, 2013 Obama’s Better Bargain – Podcast 7.25.13 Summary of the Podcast Ryan and Louis discuss Fed Chairman’s Congressional testimony. Ryan noted that rates have gone lower due to recent dovish Read More →