Danielle DiMartino Booth

A quick perusal of the financial press revealed a treasure trove of write-ups on PIMCO’s Richard Clarida, the recently named nominee to be Vice Chair of the Federal Reserve Board. Coverage of one Michelle Bowman, nominated the same day to serve as a governor on the Board was, however, scant...

Danielle DiMartino Booth

Whither stagflation? Say it isn’t so! Like it or not, the unrounded core inflation for January came in closer to a gain of 0.4%. In other words, look for the year-over-year rate’s next stop to be 1.9%. What could offset this march upwards? New car prices fell month-over-month and year-over-year. This trend should accelerate as millions of SUVs come off lease this year. The question is, does the threat of rising inflation become a self-fulfilling prophesy?

Americans Fully Employed but Earning Less

Full employment means nothing if the middle class can’t pay its bills

Today on The Bubba Show, the holiday is over and Bubba is in rare form. With the jobs number this week, Bubba discusses the lackluster jobs that are out there and the ignorance of any economist calling this full employment when the tax receipts are significantly lower than normal, indicating that Americans are earning less money...

FED Slated to Test Water for Rate Hike

This week should be one crazy week, there is a ton of economic data tied in with 4 or 5 FED speeches. Of course, once again the FED will be testing the waters with speeches almost every day, their way of trying to get a feel for whether the markets will have another taper tantrum if they decide to hike rates again. The gutless wonders are not only clueless, but have no grip on reality...

FED Hikes and Markets Explode

Traders & Investors Should Proceed with Caution

March Madness is here! The NCAA starts today and yet the real madness started yesterday with the FED and the stock markets. The FED raised the federal funds rate .25, which was exactly what the street expected and the markets exploded to the upside, which we are calling a blow off to the upside...

Cage Match: Trump Vs. Yellen

In this corner, wearing blue trunks, gray hair and reading glasses is Janet “the dove” Yellen and in this corner, wearing red white and blue is President Donald “make America great again” Trump.

Make no mistake, these are two foes that have a lot of pent up anger for one another and today’s cage match promises to be a doozy...

By | March, 15, 2017|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

The Federal Reserve to Pensions: Suspend Disbelief Indefinitely

Danielle DiMartino Booth

Dissent is in the air. Soybean-export driven economic growth has given hawkish Federal Reserve policymakers a fresh raison d’etre to dissent in favor of an interest rate hike at today’s meeting. Hike today or be buried in regret for having been behind the curve. It’s true that (measured) inflation does indeed appear to be emerging from an extraordinarily long hibernation...