Federal Reserve



Wolf Richter: The Economy Is Cracking Under Too Much Debt

Housing, restaurants & retail are suffering
Sunday, October 16, 2016, 1:25 PM

Wolf Richter joins the podcast this week to discuss the deterioration of the global macro situation, and how he is seeing growing signs of recession breaking out across the economy. » Read more


Esteban De Armas/Shutterstock

Off The Cuff: Topping Markets

To avoid a fall, we'll need a bigger stimulus program...
Friday, October 14, 2016, 11:48 AM

In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:

  • The Rush To War
    • Tensions with Russia continue to mount
  • Odds Of A Fed Hike Rising?
    • Even if the Fed wants to, can it?
  • Recession Warning Signs
    • It's getting harder to argue we're not already in one
  • Topping Markets
    • To keep them elevated, we're going to need a bigger stimulus package...

Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio and other premium content today. » Read more


David Stockman: America Now Lives Under A 'Perverted Regime'

One foisted on the nation by its bipartisan ruling elites
Sunday, October 2, 2016, 1:19 PM

David Stockman, former director of the OMB under President Reagan, former US Representative, and veteran financier is an insider's insider. Few people understand the ways in which both Washington DC and Wall Street work and intersect better than he does.

In his upcoming book, Trumped! A Nation on the Brink of Ruin...And How to Bring it Back, Stockman lays out how we have devolved from a free market economy into a managed one that operates for the benefit of a privileged few. And when trouble arises, these few are bailed out at the expense of the public good.

Stockman brings us his report of what 30 years of politics, degenerative crony capitalism and “bubble finance” have finally wrought. The upheaval and crossroads represented by Donald Trump’s candidacy spell economic disaster or resurgence, depending on the steps America chooses to take from here. » Read more



The Banquet Of Consequences Is Being Served

Prepared just for us by the central banking cartel
Wednesday, September 28, 2016, 9:58 AM

The Fed and its central banking brethren (most notably the European Central Bank, Bank of Japan, Bank of England and Bank of China), have decided to sacrifice investing for tomorrow (namely savings and productive enterprise) in favor of higher prices today for financial assets. By keeping interest rates historically low -- and increasingly negative -- around the world, they have pushed capital much farther out the risk curve than it deserves to be, added trillions of more debt into an already dangerously over-leveraged economy, and lavishly rewarded the rich elite at the expense of everyone else.

As Stevenson wrote, sooner or later, the banquet of consequences must be supped on. And for the Fed, the dinner bell is ringing. » Read more



Hell To Pay

The final condition for a market crash is falling into place
Friday, September 23, 2016, 5:23 PM

Those familiar with my writing know I put the word “markets” in quotes because we no longer have a financial system where legitimate price discovery is a regular -- or even recognizable -- feature.

It's destined to fail. What more can be said about such a flawed system?

Well, a lot as it turns out. 

And failure to pay attention at this stage of economic and ecological history will prove to be exceptionally painful. » Read more


Off The Cuff: Making Sense Of The FOMC Decision

The likely impacts of this week's Fed and BOJ (in)actions
Wednesday, September 21, 2016, 11:33 PM

In this week's Off The Cuff podcast, Chris and Axel Merk discuss:

  • Fed In A Box
    • At this point, stalling is Yellen's only option
  • Boneheaded BOJ
    • Now trying to undue the damage of its recent NIRP policies
  • Blind To Bubbles
    • Central banks are unwilling to admit they're the cause of the problem, not the solution
  • Bad Policies
    • Capitalism is getting destroyed (and a bad rap) by central banks run amok

In the wake of the closely-watched announcements by the BOJ and the Federal Reserve, Chris and Axel sit down in this meaty discussion to pick through the particulars of what this week's announcement mean. In a world where everything hangs on the decisions of an elite few central banks, this is one of the more important podcasts we've released in a while. » Read more



Michael Pento: The Coming Bond Bubble Collapse

All asset classes will collapse in tandem when this bursts
Sunday, September 18, 2016, 1:42 PM

In this week's podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy: » Read more



Recent Chris Appearances In The Media

A slew of good interviews to catch up on
Monday, September 12, 2016, 3:09 PM

Chris has been in high demand over the past few weeks, as media outlets try to make sense of the options available to the Federal Reserve at this point. More and more, the confidence in the asset price bubbles blown by the Fed's "endless easing" policy is coming under scrutiny by the average observer.

How much longer can it continue? What are the long-term societal costs of this central bank intervention?

And more important: What will trigger the return to higher interest rates? (and thereby, the puncturing of the bubbles blown by the Fed)  And what will the repercussions be? » Read more


Charles Krupa

Sorry Losers!

How the Fed has screwed the many to benefit the few
Friday, September 2, 2016, 4:48 PM

By its actions, the Federal Reserve has selected a precious few winners and many, many losers.  Sadly, you are highly likely to be one of the losers.


I'm one, too, if that helps soften the blow.

But we have a lot of company. » Read more


This Is How Sentiment Shifts And Markets Crash

Once faith in the Fed is lost, things will get ugly fast
Friday, September 2, 2016, 4:47 PM

Executive Summary

  • The Facebook legions rip the Fed to pieces
  • The WSJ joins in the attack??
  • The 'smoking gun' showing how the Fed's only priority is to serve its banking masters
  • Why a revolt against the Fed is necessary, inevitable and just

If you have not yet read Part 1: Sorry Losers!, available free to all readers, please click here to read it first.

Facebook Fed Farce

The Fed, surprisingly, has a Facebook page.  While it’s not surprising that they have one because every organization is aware that they need a ‘social media presence’ it is surprising that the Fed seems to be completely unaware that Facebook is a social networking site, not a policy regurgitation platform.

Well, the Fed put up its policy aims and the responses from the public were consistently brutal or delightfully snarky. 

But I did not find a single one, out of hundreds, that was complimentary of the Fed or in any way demonstrating that the Fed has any sort of credibility left with the public.

These are priceless: » Read more