Until the Federal Reserve prints a vaccine, its unlimited quantitative easing will only benefit the United States stock market and that is it. This means economic growth, consumer spending, and employment will remain depressed until the pharmaceutical industry develops a Coronavirus vaccine. Does this mean the nation will be under lockdown for an entire year? […]
Federal Reserve
CHART: The G7 central banks’ quantitative easing efforts in March
During the economic collapse more than a decade ago, the central banks fired off the big guns to contain the situation. They were apparently blind to what was happening so their reactions were a bit late and extended the meltdown. This time, the Federal Reserve and its merry band of money-printers went into warp drive […]
Federal Reserve’s Jerome Powell: ‘There is no limit of what we can do’
If you ever bet against the Federal Reserve, you might as well flush your money down the drain. It is like a casino: The house always wins. This is evident in the financial markets. Everything should be theoretically be in the red, but the central bank swooped in, pumped trillions into the economy, and rescued […]
Ben Bernanke warns of -30% GDP in Q1, Janet Yellen warns unemployment could go ‘quite a lot higher’
The former heads of the Federal Reserve System – Ben Bernanke and Janet Yellen – are warning about dire times ahead for the United States economy. Whether President Donald Trump reopens the economy or not, Bernanke and Yellen are sounding the alarm about falling gross domestic product, surging unemployment, and a recovery that will take […]
Jerome Powell & Associates? Federal Reserve’s next actions could involve buying stocks
By: Andrew Moran Will the Eccles Building turn into an investment house? Will the Federal Reserve be rebranded Powell & Associates? Will the central bank buy and sell stocks? After pulling the trigger on the mother of all monetary stimulus measures in the form of unlimited quantitative easing, the only thing left for the Fed is […]