professional forecasters

Economists Just Now Finding Evidence Against Money Printing That Markets Settled On Years Ago

By |2016-08-30T13:43:01-04:00August 30th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

For a central bank, deflation is the starting point which makes inflation the emphasis. So long as there is a “small” amount of positive inflation then economists have suggested deflation, thus depression, becomes impossible. The reason for that belief is twofold, first having to do with the margin for “error”; that is a small positive inflation rate acts as a [...]

You Can Actually See The Desperation

By |2015-09-25T13:58:42-04:00September 25th, 2015|Bonds, Economy, Federal Reserve/Monetary Policy, Markets|

Why was Janet Yellen’s speech yesterday so highly touted? My last post might be more relevant to that appearance than what is presented here. After all, each FOMC meeting begins with a presentation from the head of the Open Market Desk usually pertaining to comprehensive liquidity (or as much as the orthodox view of it allows). For all the smiles [...]

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