Tags » Financial Crisis

Jerome Powell's unusual quest at the Fed: define what's "normal" for the US

Jerome Powell’s work finally begins.

Today (March 21), the Federal Reserve raised rates for the sixth time since 2015, bringing the rate banks must pay to borrow funds to 1.75%. 413 more words

A Ticking Time Bomb

Surely the myopic population of this country can remember back to 2008, right?  I know it is a stretch for most so-called conservs to think back that far…. 345 more words


Paradise Lost? The stench of economic decay is overwhelming Barbados

Barbados stinks. It really does. A foul effluvium bubbles up from the manhole covers and rainwater drains in the streets, pours into the roads and pavements, and out on to the island’s pristine beaches 24 hours a day. 714 more words


(What's Left of) Our Economy: America's Growth and Savings Dilemma in a Nutshell

An intriguing op-ed in USAToday provides a great opportunity to return to an important subject RealityChek has neglected a bit in recent weeks – the quality of America’s economic growth. 480 more words

{What's Left Of) Our Economy

Central Banks, Private Securities Purchases, and Nominal GDP Targeting

Central bank law is an unloved part of public law. Maybe that’s because commercial litigators cannot sue central banks, advise the people that sell bonds to them, or argue cases in front of the U.S. 1,746 more words

Finance & Economics

Subprime auto bonds caught in vise of rising costs, bad loans

More Americans are falling behind on their car payments and that’s making it more expensive for subprime auto lenders to sell bundled loans. On average, AAA bond investors last year demanded insulation from the first 51 percent of losses on subprime-auto asset-backed securities, up more than seven basis points from 2016, according to Wells Fargo NA. 682 more words


Good economic times have clouded Larry Kudlow's vision about the bad

Larry Kudlow has a history of making poor calls when the economy looks to be hot. In late 2007, a time the National Bureau of Economic Research would later decide was the start of the recession, the cable-TV pundit argued that the “Bush Boom” was alive and well. 572 more words