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13 Dec 2023 2 minute read 0 comments SweptOverNiagara
This afternoon, the U.S. central bank, the Federal Reserve concluded its last F.O.M.C. meeting of the year. It's usually at this time when we find out what their plans are, basically. Key lending rates will stay the same as they have been before the...
4 Nov 2023 2 minute read 2 comments Kovichni
So the "Federal" Reserve is threatening to sue Bitcoin Magazine. Why? Because they are butthurt over Bitcoin Magazine's parody use of Fednow's name/logo. “The Federal Reserve recently learned that Bitcoin Magazine is selling t-shirts, hats, and other...
1 Nov 2023 2 minute read 0 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! This month's FOMC meeting at the FED concluded this afternoon, leaving rates untouched at 5.25 to 5.5%. According to an article on Kitco News, not much forward guidance was provided regardi...
7 Oct 2023 3 minute read 0 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ
In the previous 4 articles, I have talked about GDP, Commodity, Real Estate and Bond (1st), Cycles, Expansion and Recession (2nd), Correlations, Variables and Indicators (3rd) and Inflation, Deflation, Stagflation (4th Part). This is the fifth (penul...
11 Aug 2023 3 minute read 3 comments SweptOverNiagara
I read Alisdair MacLeod's latest post this morning on KingWorldNews and he makes yet another interesting case for gold, not against dollars or any other currency but against oil, particularly WTI or West Texas Intermediate. Macleod is well known for...
2 Jul 2023 2 minute read 5 comments davidgyoung
Here is a very recent article from the Financial Times where they push the trial balloon out of the container and into the atmosphere tenderly suggesting that the almighty gods at central banks will raise their "inflation targets": IMF Warns Central...
16 Jun 2023 2 minute read 0 comments Night_Shade
Ever wondered why “go woke go broke” never succeeded? Why seemingly companies have been introducing toxic cultures and destroying their productivity and products? Was it to target leftist consumers? That makes no sense as they are alienating a large...
15 Jun 2023 3 minute read 1 comment SweptOverNiagara
It's that time of the month again. Yesterday afternoon, we got word of a pause in rate increases from the Federal Reserve (which is not federal and has zero reserves). After ten hikes in a row, rates were held at 5 to 5.25% but included hawkish state...
11 May 2023 3 minute read 0 comments ulriklykke
The US Federal Reserve raised rates by 0.25% last week, increasing its benchmark rate to between 5% and 5.25%: the highest since 2007. Although most investors expect that this latest hike will be the last, Fed Chair Jerome Powell has left the door o...
3 May 2023 3 minute read 1 comment SweptOverNiagara
The markets were on the edge of their seats all week awaiting today's decision from the FOMC meeting. The FED raised rates as expected by 25 basis points although there were polls suggesting 85% of participants expected a pause while the remaining 15...
