fbpx

green shoots

Global Doves Expire: China’s Big 3 Stats Put To Rest RRR Myths

By |2019-05-15T12:55:50-04:00May 15th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

The Fed has its pause. The ECB is going to conduct another T-LTRO. But of all the central bank responses to the “unexpected” global weakness of late 2018, the Chinese’s was supposed to be the leader. The most forceful pushback against a worldwide downturn was reported to have been the PBOC’s “powerful” RRR cuts. China’s central bank conducted two of [...]

Only Partial Springtime Sentiment Shift, ECB Edition

By |2019-04-17T17:39:02-04:00April 17th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

At last week’s ECB’s press conference, the central bank’s President Mario Draghi was both downbeat and upbeat. As to the former, he acknowledged that Europe’s economy wasn’t working out the way they’d all hoped (and repeatedly promised). Despite the disappointment, Draghi wasn’t completely deterred. This growth scare wasn’t really European, he said. China, trade, and a bunch of other things [...]

Is Un-Humming A Word? It Might Need To Become One

By |2018-01-17T15:59:21-05:00January 17th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Industrial Production in the US was up 3.6% year-over-year in December 2017. That’s the best for American industry since November 2014 when annual IP growth was 3.7%. That’s ultimately the problem, though, given all that has happened this year. In other words, despite a clear boost the past few months from storm effects, as well as huge contributions from the [...]

Rate Hikes: It Won’t Ever Be More Than ‘Green Shoots’

By |2016-12-20T18:47:35-05:00December 20th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

When Ben Bernanke sat down with 60 Minutes for an interview in March 2009, it was then the first time in 20 years a sitting Federal Reserve Chairman had appeared on TV one on one. The timing was not coincidental, as right at that moment the whole world appeared to be falling apart. Nevermind that Bernanke had up to that [...]

Go to Top