Source: Maulden Economics “Following Fed policy has been whiplash-inducing over the last year. It was just two months ago that Jerome Powell set off a market panic by suggesting the FOMC would do what it thinks is right and let asset prices go where they may....
Source: CNBC “Americans’ net worth fell at the highest level since the financial crisis in the fourth quarter of 2018 as sliding stock market prices ate into the household balance sheet. Net worth dropped to $104.3 trillion as the year came to an end, a...
Source: Christian Science Monitor “Around the world, politics are polarizing. From Brexit to Brasilia, from the District of Columbia to the Danube, leaders are ruling from the further reaches of the political spectrum. In today’s belligerent global mood,...
Source: Bloomberg “The global economy’s sharp loss of speed through 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago, according to Bloomberg Economics. Its new GDP tracker puts world growth at 2.1 percent on a...
Source: Charles Hughs Smith Blog “The Fed is the mortal enemy of the young generations, and thus of the nation itself. ‘The wealth effect’ generated by rising stock and housing prices has long been a core goal of the Federal Reserve and other central...
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