By ZeroHedge With no expectations of a rate-hike last week, and traders rapidly giving up on The Fed’s dream of a steadily higher rate trajectory, a funny thing happened in the markets… In the eyes of The Fed, their monetary policy has not been this ‘tight’ since October 2008. However, in the eyes of the market, financial conditions just hit …
One Man’s Opinion: Grant Williams: A Punch In The Face For Central Bankers Is Coming
By Adam Taggert Grant Williams, publisher of the economic blog Things That Make You Go Hmmm and principal of Real Vision TV, returns to the podcast this week to discuss his expectation of a return of volatility to the markets. Grant warns that over the past seven years, the various financial markets around the globe have melded into a single …
One Man’s Opinion: Central Banks Are Terrified… But of What?
by Phoenix Capital A quick question for the “recovery” enthusiasts… If the recovery is real and as strong as the “data” suggests… why are Central Banks engaged in the most aggressive stimulus in history? Consider Europe. According to the official data, the EU’s Services and Manufacturing PMI’s were 53.1 and 51.8 in August. Both were significantly above 50 (which represents …
One Man’s Opinion: The Five Stages Of Central Bankers’ Failure
Submitted by Charles Hugh-Smith of OfTwoMinds blog, Central bankers not only continue to insist their free money for financiers will eventually “trickle down” to the masses–they’re angry that the masses aren’t buying it. Central bankers are now blaming the masses for maintaining a perverse psychological state of disbelief in the omnipotence of central banks and their policies. Central bankers are …