Alien Invasion More Likely Than July Rate Hike – Ep.174
* Gold closed the week at the highest weekly close since January of 2015 * Not quite above the $1300 benchmark - I think we closed about $1298 - up about $20 on the day * Intra-day yesterday, gold w...
17 Kesä 201631min
Brexit Not The Reason Fed Won’t Hike In June – Ep. 173
* This is the week of the June FOMC meeting, although it's really going to be a dud * For a while there was speculation that the Fed was going to pull the trigger and increase interest rates for the ...
14 Kesä 201635min
Government Schools Dumb Down The Electorate – Ep.172
* Janet Yellen spoke yesterday and this was the first time she spoke following the release of the much weaker than expected Non-Farm Payroll report that we got on Friday * Not only was the month of M...
8 Kesä 201639min
May Jobs Report Takes June Rate Hike Off The Table – SchiffReport
* It was a few weeks ago, following the release of the FOMC meetings, in which the various governors appeared quite hawkish in their tone * They were talking about the resurgent U.S. economy, the str...
4 Kesä 201628min
Yellen Loves Economics; Too Bad She Doesn’t Understand It – Ep. 171
* Well the tone and tenor of the discourse of the various market pundits and Wall Street economists seems to be that this recovery is on track * I guess there were some doubts about the recovery unti...
1 Kesä 201624min
Stock Market Bulls Charge Again On “Rate Hikes Don’t Matter” – Ep. 170
* It really is amazing how short memories are on Wall Street * This seems exactly like December when everybody was convinced that a rate hike wouldn't matter because the economy was improving and the...
25 Touko 201628min
Fed Cries Wolf, Traders Come Running – Ep. 169
* I wanted to record a short podcast today just to discuss the FOMC (Federal Open Market Committee) minutes that were released at 2:00pm this afternoon ET, which reflect the views of the Fed when they...
18 Touko 201620min
Goodbye Fed Credibility, Hello Stagflation – Ep. 168
* Another volatile day in the stock market sees the major averages deep in the red * The Dow was down just over 1%; down 180 points, 17,529 * The NASDAQ actually got walloped a little more; down jus...
17 Touko 201629min
