Carl Icahn is Not Optimistic
Activist billionaire investor (and potential Treasury Secretary under a potential President Trump) Carl Icahn shares some thoughts on the current state of financial markets now seven years into...
View ArticleFinancial Markets and the Fed
After the financial market turmoil of recent months, the response of the Federal Reserve to said turmoil, and then the reaction of markets to yesterday’s dovish September Fed meeting minutes, it’s not...
View ArticleQE Shock?
The chart below is among the many pearls to be found in a Bank of America note over the weekend that has been making the rounds today. Also of interest in the note are a couple of observations from...
View ArticleDruckenmiller Does Not ♥ the Fed
Hedge fund manager Stanley Druckenmiller has high praise for the Federal Reserve’s response to the financial crisis, but nothing good to say about the organization that didn’t see it coming and has now...
View ArticleGod’s Plan for Interest Rates … Apparently
Rep. Brad Sherman (D-CA, Surprise!) urged Federal Reserve Chair Janet Yellen to postpone the central bank’s first rate hike until the middle of next year citing God’s plan for this sort of thing, a...
View ArticleYeah. This is Going to End Well.
From this Bloomberg story comes more evidence that corporate America and the financial industry continue to push further into uncharted territory with debt levels at big companies surging past previous...
View ArticleGlobal QE on a Grand Scale
Among the many other interesting (and, to varying degrees, alarming) graphics in Jeff Gundlach’s monthly commentary at Doubleline Capital is the chart below depicting the global, multi-year money...
View ArticleThey’ll Probably Ask About This…
Federal Reserve Chair Janet Yellen just released her semi-annual Monetary Policy Report to Congress and will soon trudge up to Capitol Hill where, based on the chart below, she’ll have some ’splainin’...
View ArticleGreenspan Warns on Negative Interest Rates
For someone who will turn 90 this Sunday, he seems pretty sharp… The Fed Chairman they once called Maestro thinks that negative interest rates “warp” investor behavior (something that you just don’t...
View ArticleYellen and Global Uncertainty
Federal Reserve Chair Janet Yellen appears to have said everything that folks on Wall Street were wanting to hear yesterday as she basically green-lighted a little more asset price inflation at the...
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