Counter-Party Risk Last week (2nd of February, 2018) ESMA (European Securities and Markets Authority) published the results of its second EU wide stress test...
While the Fed may be raising rates, there is still a flight to quality underway that is giving a bid to US Treasury issues. Low Treasury yields may remain the norm...
One of the greatest monetary experiments in financial history has been the global central bank buying of government debt. This has been touted as a form of “money...
The stock market, gold, silver, and oil all rallied when the Federal Reserve delivered the widely expected increase in its benchmark interest rate on Wednesday, the...
James Bullard, president of the St. Louis Fed, in a March 3, 2017 interview with the Wall Street Journal, “The recent data aren’t that different from what...
I have warned that rates will rise BECAUSE the Federal Reserve will be criticized if they fail to do so when they are faced with a stock market that is rising....
The question of when will central banks fail is a popular one that comes in. Suffice it to say, the turmoil will hit Europe first. While so many people blame...
Kenneth Rogoff is a Professor of Public Policy and Economics at Harvard University. Rogoff calls critics of negative interest rates “ignorant” despite...
QUESTION: Mr. Armstrong; Your Global Market Watch picked the high in bonds perfectly and called it a major high. I have to say, the system you have created...
The Fed raised the interest rate a quarter-point increase in the discount, or primary credit, rate, from 1 percent to 1.25 percent, and moved its target range from...