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U.S. economy lost at least $6 billion to government shutdown: S&PThe U.S. economy lost at least $6 billion during the partial shutdown of the fed...
Source: Reuters - 🏆 2. / 97 Read more »
White House Adviser Says Fed Board Nominees Should Support Easy-Money PoliciesLawrence Kudlow said President Trump will seek to fill two Federal Reserve Board vacancies with nominees who don’t believe a rapidly expanding economy has to fuel faster inflation. Appoint Ron Paul to head the winding down of the Federal Reserve. yep and Trump also thinks he can just print more money when he & his buddies want more...he has NO CONCEPT of how economics work. Tumponomics only serves himself & billionaire buddies. they spend it all on the white too?
Source: WSJ - 🏆 98. / 63 Read more »
Perspectives: Why the Fed should be worried about deflationMany have defended Fed Chairman Jerome Powell's rate hike decisions, saying he wants to prevent the economy from overheating, writes Stephen Moore is a senior economic analyst at CNN. But the Fed has in fact created a very dangerous deflation in prices. Stop running Moore and Judicial Network crap - it’s all Dark Money. At the very least, have the balls to preface any of their crap with a statement or a band underneath as it runs. YOU continue to CREATE problems, not solve, and I have switched to MSNBC because of it. Is CNN so desperate that you’re taking Dark Money & not disclosing? Yes when you run Judicial Network ADS & don’t clarify source. Yes, when you run Stephen Moore & Heritage Comrades. I stopped watching your network long ago specifically because you put him on television.
Source: CNN - 🏆 4. / 95 Read more »
Deutsche Bank shares slip on reports of Fed investigation over Danske Bank scandalShares in Deutsche Bank fell more than 1 percent in early trading on reports that the U.S. Federal Reserve is investigating the German lender's role in a money laundering scheme.
Source: CNBC - 🏆 12. / 72 Read more »
The Fed may be moving closer to ending its rally-killing balance sheet reductionWall Street has worried that the operation is adding to pressure in markets that has already built during a series of interest rate hikes that began in 2015. What a load of crap! Alexandria Ocasio-Cortez says capitalism does not work & everyone is outraged. She is correct. QE is a massive distortion that screws the little guy. Where does Adam Smith discuss subsidizing the rich? Are y'all gonna be talking like this when the next recession hits and there is no room to lower interest rates but to zero or below? And now you can que the inflation! $UUP will suffer!
Source: CNBC - 🏆 12. / 72 Read more »