If you’re a saver, Ben Bernanke feels your pain. But pain or no, the Federal Reserve has kept interest rates low, and that’s the plan looking ahead.
You can view this week’s taper as the Federal Reserve takes its foot off the accelerator for a moment. But Yellen has a lead foot. There’s danger on the road ahead.
The European banking system is in worse shape than it was in 2008. European banks hold 1.2 trillion euros worth of NPLs – that's double what they reported in 2008.
Do you remember the first time you heard about quantitative easing? Now imagine if back then I told you they'd still at it in five years' time..
The Federal Reserve is busy doing everything in its power to get credit (that is, debt) growing again so that we can get back to what it considers to be ‘normal’...
Janet Yellen has got the same playbook in her pocket as Bernanke. If anything, there are hints she'll be even more aggressive in printing money.
There's plenty of gushing about the Janet Yellen appointment as Federal Reserve Chairman. However it was a certain endorsement which most caught my attention...
Be in no doubt that the Reserve Bank of Australia seeks to manipulate the stock market and asset prices just as much as any other central bank.
The US government wants cheap interest rates to mask the true cost of horrific, irresponsible levels of federal borrowing and spending.
The banking system is dependent upon unlimited central bank support. The system, in my opinion, is more unstable than it was in 2008. A cardiac arrest awaits.