All Posts Tagged With: "inflation"
What to do When the Federal Reserve Finally Gets Serious about Inflation
The U.S. Personal Consumption Expenditures deflator, believed to be the primary gauge of inflation for U.S. Federal Reserve Chairman Ben S. Bernanke, rose 0.8% in June. That wiped out the gains from the June infusion of tax rebates and turned…
5Aug2008 | Money Morning | 0 comments | ContinuedInside Wall Street: The Real Reason the Federal Reserve Can’t Raise Interest Rates
Given that the U.S. Federal Reserve is the master of “Three-Card Monte,” can you tell what’s in the cards for short-term interest rates?
Three-Card Monte is a confidence game in which manipulation and misdirection are employed as the “mark” tries…
23Jul2008 | Money Morning | 0 comments | ContinuedEscalating Inflation at Home and Abroad Puts Pressure on Central Bankers
Inflation is spreading like wildfire around the globe, and while not every country is hurting as bad as Zimbabwe with its mind-boggling 2.2 million percent inflation, the United States and Europe are definitely still getting scorched by rising prices.
U.S. consumer…
17Jul2008 | Money Morning | 0 comments | ContinuedThe End of the Boomland Economy
The Dow resumed its downward slide yesterday. It lost 237 points as the deflation commandos continued their counterattack.
It’s war. And war is hell, as General Sherman said, before burning Atlanta to the ground.
Oil was unchanged in yesterday’s trading. Gold gained…
11Jul2008 | Daily Reckoning | 0 comments | ContinuedTwo Profit Plays to Make as the Fed Inflates the Commodities Bubble
U.S. Federal Reserve Chairman Ben S. Bernanke ignored the warnings of most economists last week, and kept the benchmark Federal Funds rate at 2%, far below the actual rate of inflation.
As a result of this non-move, investors can probably…
2Jul2008 | Money Morning | 0 comments | ContinuedTHE GREATER DEPRESSION AND WHAT YOU SHOULD DO ABOUT IT
I believe in the existence of the business cycle. That’s partly because almost everything in life is cyclical, which has been recognized at least since the tale about Joseph and the seven fat years and seven lean years. The Austrian…
2Jul2008 | Daily Reckoning | 0 comments | ContinuedE.U. Stocks Slide as ECB Gears Up to Fight Inflation with Higher Rates
European stocks were gutted yesterday (Thursday) as banks took heavy losses in the face of more hawkish inflation comments from European Central Bank (ECB) President Jean-Claude Trichet that put pressure on already struggling financials.
The Dow Jones Stoxx 600 closed down…
29Jun2008 | Money Morning | 0 comments | ContinuedStayin’ Alive in the New ’70s
People who believe that history repeats itself are asking themselves: Is this a rerun of the ’30s…or a replay of the ’70s. Is it a deflationary recession we’re rehearsing? Or an inflationary recession? How is this story going to turn…
27Jun2008 | Daily Reckoning | 0 comments | ContinuedFed Holds Rates Steady in Face of Upside Inflation Risk
Citing the risk of high inflation, the U.S. Federal Reserve voted to hold the Federal Funds rate steady at 2.0% yesterday (Wednesday).
“Although downside risks to growth remain, they appear to have diminished somewhat, and the upside risks to inflation…
26Jun2008 | Money Morning | 0 comments | ContinuedInflation In Spades
The Fed loses control of inflation…
The world is in danger of a “global stock and credit crash,” says the Royal Bank of Scotland.
A “very nasty period,” may be coming, it goes on, as “the chickens come home to roost.”
Morgan Stanley…
24Jun2008 | Daily Reckoning | 0 comments | ContinuedInflation Goes Global
All bubbles end in busts…and the perp walk.
Two hedge fund managers were arrested yesterday. It was claimed that the two Bear Stearns boys deceived customers.
Oh stop it! We’re going to break a rib laughing….
Deceived customers? What is a hedge fund…
23Jun2008 | Daily Reckoning | 0 comments | ContinuedInflation is Winning
Today, we turn to our war correspondents for dispatches from the front lines, and we find an important insight:
“Learn to live with inflation,” begins the headline in the Financial Times.
The FT refers to England’s central banker, Mervyn King, who says…
20Jun2008 | Daily Reckoning | 0 comments | ContinuedInvestors Will Watch as Inflation Dominates the Spotlight This Week
Investors better keep an eye on bonds this week.
While the stock market may be more fun to follow, fixed income is often a stronger gauge of investor expectations of the economy, future U.S. Federal Reserve policy, and inflation.
With the consumer…
17Jun2008 | Money Morning | 0 comments | ContinuedChina’s Export Machine Shifts Into High Gear, Even as U.S. Market Decelerates
China’s exports advanced at a 28% pace in May, despite growing economic turbulence in the United States and Europe, underscoring yet again that the Asian giant doesn’t need Western markets to flourish.
The strong export growth should also give China’s central…
12Jun2008 | Money Morning | 0 comments | ContinuedThe High Cost of Lower Prices
Show us a human being…and we will show you why democracy is a bad idea and why contrarian investing is a good one. From the South Pacific this morning comes news that a tribe in Melanesia believes that Britain’s Prince…
12Jun2008 | Daily Reckoning | 0 comments | Continued




































