The Federal Reserve has issued FOMC statement informing for its decision to raise the target for the federal funds rate to 2-1/4 to 2‑1/2 percent. Below is the federal ... Read More
It hadn’t happened before, at least not since US presidents started visiting foreign countries after the Second World War. In early September, when President Obama landed at Hangzhoi for ... Read More
And there you have our future, visible in the 13th, 16th and 18th century price-revolution waves which preceded ours. That we have entered an era of rising instability and ... Read More
What the central banks cannot do is create productive places to invest the credit they’ve generated in such excess, or force qualified borrowers to swallow more unproductive debt. One ... Read More
The Federal Reserve on a meeting on January 27 announced that the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent ... Read More
Is September 2015 going to be one of the most important months in modern American history? When I issued my first ever “red alert” for the last six months ... Read More
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I ... Read More
Well, the Nasdaq finally did it. It has climbed all the way back to where it was at the peak of the dotcom bubble. Back in March 2000, the ... Read More
The dollar rose for the first time in four days as a report showed retail sales climbed the most in eight months in November, indicating a strengthening U.S. economic ... Read More
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