Tag Archive: recession

Weekend Reading Negative Rates: The Coin Flip Market

2016-08-26

by

2016-08-26

As summer begins to fade, and kids return to school, the focus once again turns to the annual event of Central Bankers in Jackson Hole, Wyoming. However, if you only looked at the market as a gauge as to the excitement of the event, well it must have been one pretty boring after-party.

Read More »

Greenspan explains negative Swiss Yields

2016-08-01

by

2016-08-01

For Alan Greenspan, negative Yield Reflect Spread between Italian and Swiss Bonds. For him, bond prices in general have risen too much.

Read More »

Richard Koo: If Helicopter Money Succeeds, It Will Lead To 1,500 percent Inflation

2016-07-28

by

2016-07-28

After today's uneventful Fed announcement, all eyes turn to the BOJ where many anticipate some form of "helicopter money" is about to be unveiled in Japan by the world's most experimental central bank. However, as Nomura's Richard Koo warns, central banks may get much more than they bargained for, because helicopter money "probably marks the end of the road for believers in the omnipotence of monetary policy who have continued to press for further...

Read More »

Central Bank Wonderland is Complete and Now Open for Business — The Epocalypse Has Fully Begun

2016-07-14

by

2016-07-14

Summer vacation is here, and the whole global family has arrived at Central-Bank Wonderland, the upside-down, inside-out world that banksters and their puppet politicians call “recovery.” Everyone is talking about it as wizened traders puzzle over how stocks and bonds soared, hand-in-hand, in face of the following list of economic thrills:

Read More »

“Brexit Sends A Clear Message To Sick Political Elite” Marc Faber Sees “Only Good Contagion”

2016-06-28

by

2016-06-28

"We're moving into a global recession that has nothing to do with Brexit," warns Marc Faber stressing that Britain leaving the EU would not be disastrous, saying that if Switzerland can operate in a "single" market and outside of the EU so can Britain.

Read More »

The British Referendum And The Long Arm Of The Lawless

2016-06-23

by

2016-06-23

Kings have long arms, many ears, and many eyes.” So read an English proverb dated back to the year of our Lord 1539. And thus was born an idiom that today translates to the very familiar Long Arm of the Law. It stands to reason that such a warning was born of feudal times when omnipotent and seemingly omnipresent monarchs personified the law.

Read More »

Visualizing “The 5000 Year Long Run” In 18 Stunning Charts

2016-06-09

by

2016-06-09

In the long run, as someone once said, we are all dead, but in the meantime, as BofAML's Michael Hartnett provides a stunning tour de force of the last 5000 years illustrates long-run trends in the return, volatility, valuation & ownership of financi...

Read More »

Ten Most Expensive Countries for Healthcare in the World

Health costs Life expectancy Obesity
The United States spends 17% of GDP for health care, compared to around 10% in many other advanced economies. Thanks to rising health care costs, GDP growth was higher in the U.S. in recent years. The question is if this kind of GDP growth enriches the whole population or only the privileged.

Read More »

Negative Rates: Jim Bianco Warns “The Risk Of An ‘Accident’ Is Very High”

2016-04-29

by

2016-04-29

In an interesting interview with Finanz und Wirtschaft, Bianco Research president Jim Bianco discusses a variety of topics such as negative interest rates turning the entire credit process upside down, bank balance sheets being even more complex and ...

Read More »

Futures Ignore Apple Plunge; Oil Rises Above $45 As Yellen Looms

2016-04-27

by

2016-04-27

For those who thought that the world's biggest company losing over $40 billion in market cap in an instant on disappointing Apple earnings, would have been sufficient to put a dent in US equity futures, we have some disappointing news: with just over...

Read More »

Another Fed “Policy Error”? Dollar And Yields Tumble, Stocks Slide, Gold Jumps

2016-03-17

by

2016-03-17

Yesterday when summarizing the Fed's action we said that in its latest dovish announcement which has sent the USD to a five month low, the Fed clearly sided with China which desperately wants a weaker dollar to which it is pegged (reflected promptly ...

Read More »

Swiss Politicians Slam Attempts To Eliminate Cash, Compare Paper Money To A Gun Defending Freedom

2016-02-19

by

2016-02-19

As we predicted over a year ago, in a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thi...

Read More »

The Chinese Yuan Countdown Is On

2016-02-13

by

2016-02-13

Submitted by SaxoBank's Dembik Christopher via TradingFloor.com, Currency stability is a prerequisite for China's economic transition Defending the yuan is prohibitively expensive – China cannot beat the market Progressive devaluation managed by PBoC...

Read More »

Weak CHF during the Fat Years of the Joseph Cycle

In December 2015, the seven year Joseph cycle ended with a Fed rate hike. These lean years of the Joseph cycle started in December 2008 when the Fed lowered rates to the current level. We think that in the next seven year cycle, even the risk-averse Swiss investors will buy more foreign assets, not only the central bank and speculators. Different crises have passed in the three parts of the world, the U.S. subprime, the euro crisis and the Emerging...

Read More »

Miserable week that ended a miserable year

it was the S&P 500’s worst since the start of the bull market in 2009, ending the year down 0.73% at 2043.94 points. 56% of the stocks posted losses

Read More »

About the Impossibilities of the Common-Currency-Recession-Austerity Cycle

2012-12-18

by

2012-12-18

charles wyplosz
Charles Wyplosz, Professor of International Economics, Graduate Institute, Geneva repeats our arguments in "Who says No to Austerity, Says Yes to the Northern Euro" about the impossibility of getting out of the common currency - recession - austerity - cycle.  Similar as we do, he proposes a public...

Read More »