The Yellen Fed will inflate

Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009), which was translated and republished in Chinese (2014). He is researching a … Read the rest

Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan Enriched Wall Street and Left a Legacy of Recession (McGraw-Hill, 2009), which was translated and republished in Chinese (2014). He is researching a … Read the rest

US indexes hit record highs

It was another good week for the stock market. The Dow Jones industrial average and Standard & Poor’s 500 index both ended Friday at record highs. It was the third consecutive day the S&P 500 index reached a new record, … Read the rest

Investors fight Fed on inflation

Treasury 30-year bonds dropped as investors bet on faster inflation even as Federal Reserve Chair Janet Yellen dismissed signs of rising consumer prices.

Sam Bullard, a senior economist at Wells Fargo Securities in Charlotte, North Carolina says “Fed officials will Read the rest

The Fed is the Great Deceiver

pcrBy Paul Craig Roberts and Dave Kranzler.

Is the Fed “tapering”? Did the Fed really cut its bond purchases during the three month period November 2013 through January 2014? Apparently not if foreign holders of Treasuries are unloading them.

From … Read the rest

Pussy Riot in an unauthorized offensive show at the US Federal Reserve?

Is the American Federal Government into concert promotion?

Two members of the unusually lame Russian punk rock band Pussy Riot, who seem to have a unusually strong media promotion team behind them, were recently released from prison and will appear … Read the rest

Dollar soars on news of diminishing US stimulus

dollarThe dollar soared Thursday as global markets reeled from the US Federal Reserve’s signal it may start to taper its massive stimulus this year.

News of a cash crunch in China also sent jitters through the market, driving investors into … Read the rest