Donald Trump Owns the Fed, the Dollar & Gold
Trump has the opportunity to fill more seats on the Fed’s board of Governors than any president since then. His influence goes further than that, however.About Jim Rickards
James G. Rickards is the editor of Strategic Intelligence, the newest newsletter from Port Phillip Publishing. He is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. He is the author of The New York Times bestsellers Currency Wars and The Death of Money. Jim also serves as Chief Economist for West Shore Group.
Trump has the opportunity to fill more seats on the Fed’s board of Governors than any president since then. His influence goes further than that, however.This Stock Market Mini-Bubble Could Burst at Any Moment
The stock market is exhibiting a small-scale bubble formation ready to burst at the first sign of stress. This is not the ‘mother of all bubbles’.The Fed’s Getting Ready to Raise into Weakness
My take is that the Fed is desperate to raise rates before the next recession — so they can cut them again — and will take every opportunity to do so.The Biggest Financial Story in the World Today
The biggest financial story in the world today is not Fed policy or emerging-market debt. The biggest story is the global US dollar shortage.Geopolitics at Play in China
China is now embroiled in an internal political struggle around the efforts of President Xi to make himself the most powerful Chinese leader since Mao Zedong.The Ice-Nine Lockdown
Ice-Nine is a freeze of the financial system. It’s something that’s happened before, and it’ll happen again in the next crisis.Is China About to Drop a Yuan Devaluation Bombshell?
Is Trump’s anti-China rhetoric going to trigger another currency war with China? If so, China may jump out ahead and devalue the Chinese yuan.Donald Trump’s Unhappy Fate is to Oversee a Financial Crisis Far Worse Than the Last
The tempo of recent crises in 1994, 1998, and 2008 says a crisis is likely soon.
A new global financial panic will be one legacy of the Trump administration.Here’s How the Yellen–Trump Relationship Could Play Out
The Yellen–Trump relationship got off to a rocky start during the presidential campaign when Trump proclaimed he would fire Yellen as Fed Chair if elected president. Be Prepared for a Violent Fed Reversal
The Fed is concerned that if another recession started tomorrow (and I’m not saying it will, but it could) it would have no ability to cut rates.