Tags » Federal Reserve

The story of a remarkably stable US NGDP trend

Today revised US GDP numbers for Q3 were released. While most commentators focused on the better than expected real GDP numbers I am on the other hand mostly impressed by just how stable the development in… 225 more words

NGDP Targeting

Latest growth data cap a solid six months for the economy

The U.S. economy expanded even more than originally estimated in the third quarter, thwarting economists’ expectations that gross domestic product would be revised downward.

GDP, the total value of all goods and services produced nationally, grew at a 3.9% pace in the third quarter compared with an initial reading of 3.5%, … 139 more words

Finance

Why the Federal Reserve matters. And why you should pay attention to it's policies.

Since 2009 the Federal Reserve, the American central bank, began a step-by-step program of buying financial assets (be it stocks, bonds, etc) from commercial banks (Citibank, Bank of America, etc) to liquidate those assets and turn them into cash that banks could then use to loan money. 302 more words

Get Money Out Of Politics

OPEC and the Logic of Low Oil Prices

OPEC has an important meeting on November 27th.  The market seems to be anticipating that, at “worst”, there will be a floor put under Brent around the current levels or, at “best”, prices will start trending up toward what the oil analysts view as the “natural” long run price of $95-$100 per barrel. 552 more words

Economic Impact

24 Nov 14

MSCI EMI +0.88% at 1,013 | S&P 500 +10.75  to 2,064 | €/$ 1.24 (1.24) | $/¥ 118.24 (117.71) | US10Y 2.32% | Light crude… 76 more words

STOP THE COMING CIVIL WAR

I have just finished this book written by Michael Savage. This has to be one of the most profound books I have read and talk about relevant, Mr. 547 more words