North American economy in retreat

More
4 years 3 months ago #357 by Gambler
Gambler replied the topic: North American economy in retreat
US Retail Sales down more in March, down -0.3% vs an expected small rise. Good thing gasoline prices were up or the numbers would have been lower

This is the excuse ""Retail sales remain lackluster despite a strengthening labor market, which is starting to boost wages. Part of the weakness could be due to a stock market sell-off early this year, which hurt consumer sentiment. The value of sales is also being restrained by low prices, as retailers offer huge discounts to clear unwanted merchandise clogging up warehouses.""
www.cnbc.com/2016/04/13/us-retail-sales-march-2016.html

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

More
4 years 3 months ago #345 by RonS
RonS replied the topic: North American economy in retreat
This is really scary, Yellen must be on another planet, according to a Kicto article I seen here
www.kitco.com/news/2016-04-08/Gold-I-Ain...fraid-Of-No-Fed.html

Responding to Trump about bubbles - she said the economy is not in a bubble - does she not have a clue? it is stocks and bonds in the bubble, but of course the Fed cannot tell the truth, but just deliver the planned message

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

More
4 years 4 months ago #343 by RonS
RonS replied the topic: North American economy in retreat
We are certainly heading to an epic crisis, yes it is for sure now, the modern day Four Horsemen of the Apocalypse appeared together on TV last nite

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

More
4 years 4 months ago #342 by RonS
RonS replied the topic: North American economy in retreat
This is another excellent Greenspan interview - he says it is basically a fiscal problem we face, there has been no productivity growth for 5 years in all major economies.

long term investments have been curtailed because the future looks to risky

He highlights the spread between short and long rates is recently highest in history and still not far from it

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

More
4 years 4 months ago #334 by RonS
RonS replied the topic: North American economy in retreat
Great video, What is crazy these videos of Greenspan get no viewership, this one was under 2,000. One of the greatest gurus ever on Central Banking. I guess the new world is just too young and has not got a clue

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

More
4 years 4 months ago #333 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Allan Greenspan interviewed at Bloomberg about Negative Interest rates. He gives pretty straight forward warning that we are in big trouble. Changes have not been made yet to address 2008 problems.

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

More
4 years 4 months ago #285 by GoldnBoy
GoldnBoy replied the topic: North American economy in retreat
It looks that way, the article comments "Foreign official accounts sold a net $105 billion of the securities in December and January, an unprecedented liquidation, Treasury Department data show."

US needs foreign inflows for their massive debt, but who wants to buy bonds if their price drops with rate increases, I think many will wait for the rates to rise than come in, kinda a catch 22 for US debt

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

More
4 years 4 months ago #281 by RonS
RonS replied the topic: North American economy in retreat
Here is the chart from the article shows how dealer inventory spiked since December
Attachments:

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

More
4 years 4 months ago #280 by RonS
RonS replied the topic: North American economy in retreat
I think the real reason the Fed is talking up rates is they are having trouble selling US debt and need foreign buyers. The primary dealers for US Treasuries held more Treasuries last month then at anytime in the past 2 years.

www.bloomberg.com/news/articles/2016-03-...xposes-market-cracks

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

More
4 years 4 months ago #273 by DearJohn
DearJohn replied the topic: North American economy in retreat
It seems once the stock market is looking better the Fed switches jaw boning back to rate increases. It was not long ago Bullard was dovish, now he switches chaits

If the dollar .DXY can keep its footing going into the long Easter weekend it will notch up a near 2 percent, and first weekly gain in a month against the world's other major currencies. [USD/]

The hot streak extended after St. Louis Fed President James Bullard joined a chorus of officials in highlighting the chance of at least two rate hikes this year, with the first perhaps as soon as April.

Markets imply only one increase and dealers suspect an orchestrated attempt by the Fed to shift that thinking.

www.reuters.com/article/us-global-markets-idUSKCN0WQ01B

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

More
4 years 5 months ago #215 by RonS
RonS replied the topic: North American economy in retreat
Looks like others catching on to Fed reacting to markets

""And even though Fed chair Janet Yellen has said it's not the Fed's policy to respond to "the ups and downs of the markets," the central bank admitted it did so in September, arguing that the volatility was a reflection of the gloomy global economic outlook.""

money.cnn.com/2016/03/02/news/economy/fe...section=money_latest

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

More
4 years 5 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.

Moderators: RonS
Time to create page: 0.255 seconds
© 2019 Playstocks.net. All Rights Reserved. Designed By JoomShaper