Yellen Warns Of “Algo Presence” In Markets, Fears “Risks Of Excessive Optimism”

While we will not see her speech or Q&A, the much anticipated speech on financial stability from Janet Yellen has just dropped.

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Trump Warns Of Debt Ceiling “Mess”; Blames McConnell, Ryan

Conveniently coming just as warned that according to the T-Bill market, the odds of a government shutdown are now the highest they have been this cycle.

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US national debt soars by $100 billion. . . in just 8 hours

According to the latest statement issued yesterday afternoon by the Department of Treasury, the US national debt has reached $19,976,826,951,047.80. That’s $19.976 trillion, as of the close of business on Friday December 30, 2016. (The government is typically a day…

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Is Janet Yellen Concerned About “A Bubble In Stock Prices”? This Is Her Answer

Three months ago, Janet Yellen was asked during the last FOMC press conference if she was “worried about bubbles in the economy because of our prolonged low interest rates?” Her 169-word response was the following: Yes. Of course we are…

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Here Is What Trump Will Do About The Fed, The Debt Ceiling, And Trade

One of the biggest open questions troubling Wall Street traders (and everyone else) in addition to which of his close allies (and in the case of Mitt Romney, not so close) will the president-elect pick to staff the most important…

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The Election Year Fix is In… But Can Janet Make It To November?

The election year fix is in… and Janet Yellen is praying the markets hold together until November. President Obama met privately with Yellen in April of this year. It was their first private meeting together since November 2014 (the Congressional…

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The Federal Reserve Has Created An Unprecedented Disaster For Pension Funds

When it comes to the Fed, Congress is mired in hypocrisy. The anti-regulation, de-regulation crowd on Capitol Hill shuts its mouth when it comes to the most powerful regulators of all – you and the Federal Reserve. Meanwhile, Congress goes…

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The Federal Reserve Just Made Another Huge Mistake

As stocks continue to crash, you can blame the Federal Reserve, because the Fed is more responsible for creating the current financial bubble that we are living in than anyone else.  When the Federal Reserve pushed interest rates all the…

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Someone Is Wrong Here

On the one hand, there is the WSJ finally peddling the same fiction we have warned about for the past 7 years. And then there is the government furiously “unpeddling non-fiction“:   Who is wrong we wonder, and so does…

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Trump Accused The Fed Of This… And He Might Have A Point

It is clear that Janet Yellen is holding her tongue on raising interest rates, and the Federal Reserve is effectively propping up the stock market in the meantime. The maneuver will only delay the inevitable, but perhaps that is exactly…

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