Lee AdlerThe Fed’s balance sheet is shrinking, but bank lending for speculative purposes has soared. That is supporting financial asset price inflation. That’s dangerous. This report…
Macro liquidity growth has slowed to a crawl. The Fed and its cohort major central banks are a negative factor on balance. But runaway financial…
The ECB created a monster, and now that monster is chasing it. This report paints the gruesome picture, spells out the implications for you as…
The Fed announced at its January meeting that “they panicking” (apologies to Trading Places) and that neither rate increases nor the shrinkage of the balance…
Just because the Fed uttered a few comforting words to the market doesn’t mean that we are out of the woods. Talk is cheap. Money…