Great. So, the U.S.-China trade dispute may be gradually winding down, but that doesn’t mean President Donald Trump is done picking trade spats with other parts of the globe. CNBC is reporting that the White House is thinking about introducing 100 percent tariffs on European goods that have been exempt from these penalties. The Office […]
Archives for December 2019
Random Friday: Conservatives win UK election, dot-plot, Trump breaks Don Lemon
News Story of the Day: Will Brexit finally be delivered? Well, Prime Minister Boris Johnson and his Conservatives earned a huge majority in Parliament in the United Kingdom’s election. This means now that the tories can move ahead with Brexit and pretty much anything else it wants for the next four years. Here are the […]
Did the repo market crash signal a coming financial crisis?
By: Andrew Moran Did you miss the days of reckoning on Wall Street in mid-September? You may have heard in passing about a crash in the repo market when rates skyrocketed from 2% to as high as 10%, and the fed funds rate jumped five basis points above its target range. Why does it matter? […]
R.I.P. Paul Volcker, the Last ‘Good’ Central Banker
By: Jp Cortez The last true enemy of inflation the Federal Reserve has seen died earlier this week. Paul Volcker, former chairman of the Federal Reserve from 1979-1987, has passed away. Credited with tampering incredibly high levels of inflation during the Carter and Reagan administration by jacking up interest rates to unpleasant levels, Volcker’s passing […]
Is the Federal Reserve giving Donald Trump his weak dollar?
When he was running for president, Donald Trump claimed how valuable it was to possess a strong dollar. Potentially entering into his final year of his presidency, Trump has called for a weaker dollar, reversing the 25-year-old strong-dollar policy. And it looks like the Federal Reserve is giving it to him. Despite the greenback being […]