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There Was An Old Bank Who Swallowed A Rule
Article By:
Seth Levine
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Monday, March 18, 2024 3:10 PM EDT
The banking industry unnecessarily confuses and scares many. Its complexity stems purely from the growing regulations that saddle it.
This Week: NVDA CEO Huang Keynote AI Speech, BOJ And Fed Decisions
Article By:
Greg Feirman
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Monday, March 18, 2024 2:00 PM EDT
Overnight the Bank of Japan (BOJ) will be making an interest rate decision and there is a lot of speculation that they may raise rates for the first time since 2007.
The Poor United States Economic Sentiment Screams “Buy Gold”
Article By:
Daniel Lacalle
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Monday, March 18, 2024 11:30 AM EDT
The manufacturing and consumer confidence weaknesses of the United States are deeply concerning.
In this article: GLD
The Yawning Global Fiscal Pit
Article By:
Martin Hutchinson
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Monday, March 18, 2024 9:12 AM EDT
President Biden recently produced his Budget for the next fiscal year, with projections for the next ten years; it proposes a series of trillion-dollar deficits, beginning with $1.78 trillion in the year to September 2025.
Three Fantasyland Budget Projections By The Fed, Biden, And Congress
Article By:
Mish Shedlock
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Monday, March 18, 2024 9:02 AM EDT
Has the Fed, the nonpartisan Congressional Budget Office, or the White House Office of Management & Budget ever forecast a recession? The answers are no, no, and no.
Advanced Economies Will Be Especially Hurt By Energy Limits
Article By:
Gail Tverberg
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Monday, March 18, 2024 7:30 AM EDT
Advanced economies will start looking and acting more like today’s less-advanced economies. The world economy will face a bumpy path in a generally downward direction.
Will Your Portfolio Be Crushed By The Fed’s Screw Up?
Article By:
Graham Summers
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Monday, March 18, 2024 7:17 AM EDT
Starting in November of 2023, Fed officials began proclaiming that inflation had been tamed. The argument, at the time, was that inflation data was clearly trending down, while rates were much higher.
Does Taxing Capital Encourage Capital Formation?
Article By:
Scott Sumner
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Monday, March 18, 2024 7:05 AM EDT
An economy where each organization is self-sufficient is much less efficient than an economy structured around specialization and trade.
Bank Term Funding Program Blows Up In Final Minutes
Video By:
Jeffrey P. Snider
Watch
Monday, March 18, 2024 6:15 AM EDT
The Fed shut down the BTFP, but just before it closed billions in loans were made to banks over the repeated objections of policymakers.
What Can China’s Key Economic Activity Data Tell Us About Growth Drivers In 2024?
Article By:
ING Economics
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Monday, March 18, 2024 5:25 AM EDT
China's data featured soft consumer and real estate data but stronger-than-expected investment and industrial data ahead of a potential stimulus rollout, indicating a potential shift in growth drivers for 2024.
FX Daily: All Smoke And No Fire?
Article By:
ING Economics
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Monday, March 18, 2024 4:43 AM EDT
Many central banks are announcing policy this week, but we may not end up looking at a very different global FX picture by Friday.