North American economy in retreat

More
2 years 11 months ago #211 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
And yet another Fed member comes out today to talk down rates. Who is next???

An influential Federal Reserve official on Tuesday said he sees downside risks to his U.S. economic outlook, an assessment that could flag a longer pause before the Fed's next interest-rate hike than he and his colleagues had earlier signaled.

"At this moment, I judge that the balance of risks to my growth and inflation outlooks may be starting to tilt slightly to the downside," New York Federal Reserve President William Dudley said in remarks at a conference in Hangzhou, China sponsored by the People's Bank of China and the New York Fed.

www.reuters.com/article/us-usa-fed-dudley-idUSKCN0W33BI

Please Log in or Create an account to join the conversation.

More
2 years 11 months ago #191 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
Looks to me that the Fed is certainly trying to talk it's way out of further rate increases. Last week another Fed member.
"Tightening financial conditions in the U.S. over the past year and a half have reached the equivalent of three quarter-percentage-point interest-rate hikes, said Federal Reserve Governor Lael Brainard on Friday."

www.marketwatch.com/story/market-forces-...nard-says-2016-02-26

Please Log in or Create an account to join the conversation.

More
3 years 1 day ago #170 by Gambler
Gambler replied the topic: North American economy in retreat
Check this out from Ron Paul a few weeks ago – even I would not bet against this dude!!

Few people in America today have Dr. Paul’s knowledge of the inner workings of both the government and the U.S. financial system…
After all, Dr. Paul spent more than two decades in Congress. He served on the House Banking Committee and the Committee on Foreign Affairs.
He sponsored more than 600 legislative bills. He met with every President of the past 40 years and every Fed Chairman. He spent thousands of hours in top secret, closed-door meetings.

During his recent visit in Washington, he said:
The way you live, work, travel, retire, and invest in America… everything is going to change. Some of it in ways most people do not expect. This period is going to be particularly tough on seniors and anyone relying on a fixed income, or money from the government.”
“Trouble is coming—please make sure you, your family, and anyone you care about are prepared.”


thecrux.com/dyncontent/ron-paul-one-step...147626&eid=MKT233254

Please Log in or Create an account to join the conversation.

More
3 years 2 days ago #168 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
I think this comment from Bullard at the Fed is a good example.

It would be "unwise" for the U.S. Federal Reserve to continue hiking interest rates given declining inflation expectations and recent equity market volatility, St. Louis Fed President James Bullard said on Wednesday in comments that mark a stark change of direction for one of the Fed's more hawkish inflation foes.

www.cnbc.com/2016/02/18/st-louis-feds-bu...e-hikes-for-now.html

Please Log in or Create an account to join the conversation.

More
3 years 2 days ago #167 by RonS
RonS replied the topic: North American economy in retreat
Yes, I believe so we have seen a bounce off the 1825 area twice, what I have called the "line in the sand"

And the Fed is already trying to talk the market up and changing gears on interest rate outlook

Please Log in or Create an account to join the conversation.

More
3 years 2 days ago #166 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Professor like the pic. Under Market Trends you have a chart of S&P that shows Fed will act between 1850 down to 1700, do you still think that is accurate?

We just recently dropped a bit below 1850

Please Log in or Create an account to join the conversation.

More
3 years 2 days ago #165 by RonS
RonS replied the topic: North American economy in retreat
Another prediction of more QE a post a zero hedge. Whenever equity market price gets this distorted to US treasuries there is some kind of QE, shows a nice chart

www.zerohedge.com/news/2016-02-20/why-ac...ntervention-imminent

Please Log in or Create an account to join the conversation.

More
3 years 4 days ago #158 by DearJohn
DearJohn replied the topic: North American economy in retreat
Mr Dalio, by one measure the most successful hedge fund manager of all time, argued in a note to clients that these measures have been exhausted and are increasingly ineffective.

"While QE will push asset prices somewhat higher, investors/savers will still want to save, lenders will still be cautious lenders, and cautious borrowers will remain cautious, so we will still have 'pushing on a string,'" he wrote.

He therefore predicts that central banks will eventually have to usher in what he calls "monetary policy 3" -- where rate cuts were the first stage and quantitative easing the second phase -- which will more directly and forcefully encourage spending.

The Bridgewater founder says this third era of monetary policy will range from central banks directly financing government spending through electronic money-printing to what the famous economist Milton Friedman coined "helicopter money" in 1969 -- in other words, central banks disbursing cash directly to households. ...

www.ft.com/intl/cms/s/0/5bc2c2be-d666-11...9b-8564e7528e54.html

Please Log in or Create an account to join the conversation.

More
3 years 4 days ago #156 by RonS
RonS replied the topic: North American economy in retreat
Last year, 4,279 Americans bid Uncle Sam farewell, up 20% from 2014. That's 18 times as many as in 2008, and the third year in a row that's set a new record.

U.S. citizens and long-term residents now pay $2,350 apiece to ditch their passports or green cards, up from $450 previously.

ha ha only in America they say

money.cnn.com/2016/02/18/news/us-expat-t...section=money_latest

Please Log in or Create an account to join the conversation.

More
3 years 4 days ago #140 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
Central bank moves to impose negative interest rates mark a "dangerous experiment" in global monetary policy, posing new risks to financial stability, economists have warned.

Pretty good article and nice map

www.telegraph.co.uk/finance/economics/12...cy-hits-buffers.html

Please Log in or Create an account to join the conversation.

More
3 years 1 week ago #126 by RonS
RonS replied the topic: North American economy in retreat
The market has totally shifted, expected no rates hikes by any Central Banks and in fact more cuts
www.telegraph.co.uk/finance/economics/12...em-into-reverse.html

Please Log in or Create an account to join the conversation.

More
3 years 1 week ago #124 by RonS
RonS replied the topic: North American economy in retreat
Fed dot plot is useless
www.reuters.com/article/us-usa-fed-path-analysis-idUSKCN0VN0PU
This is probably the best point in the article
"Part of the problem is that it is consistently wrong," said Tim Duy, an economics professor at the University of Oregon. "The second part of the problem is that the Fed doesn’t seem to recognize how terrible their forecasts have been."

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.228 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper

Please publish modules in offcanvas position.