The Art of Opening Your Mouth and Saying Nothing

Fed Raises Rates

The FED did as everyone expected on Wednesday and hiked rates followed by the same old double talk that they have mastered for 104 years. The bubble builders spoke about their solutions which are about as absurd as the FED itself...

Markets Push Higher Without Fear

VIX Makes All-Time New Low

Markets have lost their minds, along with the Federal Reserve, while continuing to push higher. Bubba asserts there is no basis for this ridiculous rally, but explains that trying to fight the market is also a fool’s game...

FED MINUTES: WE WERE IN THE POOL

How could I possibly go a week without bringing up the Federal Reserve? Well, I can't, so here's the "new" outlook for the Fed in the near future. Rates and the balance sheet are the two main topics in question. The Fed is moving toward a consensus on a plan to shrink its $4.5 trillion balance sheet, and as George Costanza famously put it in regard to shrinkage, "I WAS IN THE POOL!"

Danielle DiMartino Booth

We’ve become comfortably numb as a nation of debtors. Sadly, most of our leaders encourage our corporations’, government’s and households’ indebted internment. They’ve been told by those tasked with safeguarding our economy that debt is good. So they follow the Federal Reserve’s script to a tee...

Central Banks and Madoff No Different

Central Banks provide the U.S. with the comfort and belief that they are doing what is best for us, while disguising their ineptness and inability to understand and control markets. In the 104-year existence of the Federal Reserve, they have systematically destroyed the value of the dollar while creating new dollars to satisfy debt...

The Revolution Has Begun

Desperation in America is rapidly growing despite the cheery outlook given by the pundits and those who are trying to destroy the middle class and create socialism. Our jobs are being eliminated although we have “full employment” of crappy jobs, no growth witnessed by the .07 GDP number and no hope for immediate change. Health insurance is a disaster and our dollar continues to be devalued by the FED and fractional banking...

Danielle DiMartino Booth

What role should the Federal Reserve play? That of shepherd of the dollar’s buying power alone, nix the employment mandate that’s triggered mission creep? Or should policymakers continue to stab away at maximizing employment at the expense of future bouts of financial stability, you know, for the greater good, because the private sector can’t or won’t?