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With the Fed lying about unwinding balance sheet, the central bank appears to have no intention of letting stocks tank

Since the end of summer, Janet Yellen stated during one of the Fed's FOMC meetings that the central bank would begin unwinding its $4.8 trillion balance sheet in October since the economy 'appeared' to be able to stand on its own.  But according to analyst Dave Kranzler over at Investment Research Dynamics, not only has the Fed not begun to unwind, but their balance sheet has actually increased between Octo ...

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Incoming Fed Chairman dreaming up ‘new tools’ for next recession since central banks haven’t normalized from previous one

In a recent discussion on monetary policy, President Trump's incoming Fed Chairman stated that he believes there is a need for central banks to work on 'new tools' to deal with the next worldwide recession. Central banks as a whole, which include the Bank of Japan, Bank of England, the European Central Bank, and of course the Fed, have not normalized their monetary policies since the last recession eight ye ...

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White House looking at former Pimco exec to replace Stanley Fischer as second in command at the Fed

On Nov. 14 news broke out that President Donald Trump was taking a serious look at Mohamed El-Erian to replace Stanley Fischer as the Vice-Chairman of the Federal Reserve.  El-Erian has a long history working in an industry that deals significantly with interest rates as he formerly was the second in command behind Bill Gross at the world's largest bond insurer. In what will come as a big surprise to many F ...

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Combined consumer debt back at all-time highs heading into Christmas shopping season

After a brief respite earlier in 2017, all of a sudden consumer debt across the board has surged in the areas of student loans, auto loans, and credit card debt just weeks before retailers hope to have their biggest selling period of the year. In fact credit card debt has soared back over the $1 trillion mark after falling below this Maginot lone during the summer, leading to a validation of a recent survey ...

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Trump’s tax reform will be meaningless unless he stops the Fed from imposing the hidden tax of inflation

For producers and consumers there are two primary ways to be taxed... directly and indirectly.  And judging by how the Fed has been allowed to hold sway over both fiscal and monetary policies since the 2008 Financial Crisis, President Trump's tax reform plan will end up being meaningless if he doesn't reign in the central bank's programs that have led to rising inflation. Over the past several years the Fed ...

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And then there were two in the race to become the next head of the central bank

On Oct. 26 a report surfaced that two of the four primary candidates to become the next head of the Federal Reserve have pulled out of contention, leaving front runner Jerome Powell and the hawkish economist John Taylor as the two most likely to fill the top positions at the central bank. Outgoing Fed Chairperson Janet Yellen was unlikely to retain her place at the head of the Federal Reserve when President ...

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Best performing assets or markets since Black Monday stock market crash 30 years ago

Today is the 30th anniversary of Black Monday, or the stock market crash of Oct. 19, 1987.  And from it heralded the beginning of the Fed's tampering with interest rates and cheap money to prop up markets to the point that the next three decades would be remembered for asset bubbles that led to even greater crashes. However for investors buying the Oct. 19 dip from 30 years ago would be one of the most prof ...

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You know the jig is up with the economy when the Fed admits they were wrong about inflation and jobs

Despite employing hundreds of P.H.D. economists as well as having access to the very best data, the Federal Reserve has proven itself to have been little more than a propaganda tool, and a mechanism by which the remaining wealth of the people has been funneled into the hands of a few.  And with the central bank's credibility having been destroyed through the ignorance and outright lies of its former and cur ...

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Fed Governor spins more propaganda as Brainard blames income inequality over bank’s policies for declining growth

Perhaps it should come as no surprise that an individual who grew up in a Communist environment, and later became a favorite of the Obama administration, would blame income equality as the primary reason why the economy has not recovered much over the past decade.  But this is exactly what Lael Brainard, a member of the Federal Reserve Board of Governors, preached in a report on the current state of the eco ...

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Fed’s economic recovery: 78% of American households living paycheck to paycheck

It is already a proven fact that the Federal Reserve's so-called recovery was in the re-capitalizing of the banks and corporate entities through stock buybacks, and not for the citizens or general economy.  And added to this mix is the central bank's buying of the equity markets to ensure that their 'friends' were able to siphon off as much wealth as possible from the Middle Class. Yet within the propaganda ...

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As banks charge higher interest rates on loans, businesses will be getting paid on deposits while individuals get the shaft

One of the primary reasons why banks stopped or severely curtailed paying interest on depositor accounts was because the Federal Reserve lowered interest rates to near zero percent following the 2008 finance crisis.  But with the central bank having raised them four times since December of 2015, these same banks have summarily increased the rates of interest they charge to borrowers while at the same time d ...

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Italian leadership conducting serious debate over both leaving the Euro and the Eurozone

In the U.S., QE and ZIRP policies implemented by the Federal Reserve over the past nine years have resulted in a massive divide between the halves and have nots, and at a disparity not seen since just before the 1929 stock market crash.  In fact, since the central bank chose to backstop the banks and stock markets with tens of trillions of dollars of virtually free money, the wealth redistribution from the ...

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