By ZeroHedge The monetary policy beatings will continue until morale improves. Eight long years after monetary policy experimentation went extreme, Reuters reports the amount of QE stimulus being pumped into the world financial system has never been higher… and it’s about to get bigger. As Jamie McGeever reports, The European Central Bank and Bank of Japan are buying around $180 …
One Man’s Opinion: Could This Rally Be A Head-Fake?
By Charles Hugh Smith If there’s nothing supporting this rally but euphoric sentiment arising from orchestrated buying, any eruption of reality will reveal the rally as a head-fake. Let’s say you wanted to engineer a stock market rally that triggered every technical “buy” signal and wiped out those who are short the market–what would you do? First, you’d engineer a …
One Man’s Opinion: The Truth About The Great Depression That All Mainstream Economists Ignore
By Phoenix Captial Ben Bernanke is back at it. Bailout Ben, the “hero” who missed the housing bubble, then oversaw the single largest handout in crony capitalist history, all the while playing favorites and lecturing the rest of us that we should be grateful that he “saved” the world, is in Japan. His purpose? To help them implement Helicopter Money. …
One Man’s Opinion: Brexit Proved It’s All A Central Bank Funded Mirage
Authored by Mark St.Cyr, I keep hearing that the “Chicken Little’s” are once again being proved wrong. We keep being shown chart, after chart, after chart, after chart how the market recovers from perilous sell-offs. This is expressed as “proof” the “market” doesn’t want to go down, and has legs to vault ever higher. Cause for concern is being dismissed …
One Man’s Opinion: Brexit Is Just What The Doctor Ordered
By Peter Schiff Janet Yellen should send a note of congratulations to Nigel Farage and Boris Johnson, the British politicians most responsible for pushing the Brexit campaign to a successful conclusion. While she’s at it she should also send them some fruit baskets, flowers, Christmas cards, and a heartfelt “thank you.“ That’s because the successful Brexit vote, and the uncertainty …
One Man’s Opinion: Lather. Rinse. Repeat.
Submitted by Peter Schiff via Euro Pacific Capital, Stop me if you’ve heard this one before: A Fed official walks into a bar and says the economy is improving and rate hikes are appropriate. The patrons order another round to celebrate. Then disappointing data comes out, the high fives stop, and the Fed official ducks out the back…only to come …