Negative Rates Are Not An Option
Negative rates are not an option. That was Fed Chair Jerome Powell's point as he reiterated the Fed's position on negative rates.
Negative rates are not an option. That was Fed Chair Jerome Powell's point as he reiterated the Fed's position on negative rates.
Jerome Powell recently said: "both the depth and duration of the economic downturn are extraordinarily uncertain." No truer words have ever been spoken.
While investors cling to the "hope" that the Fed has everything under control, there is more than a reasonable chance they don't. The stock market is not the economy. However, it is the economy which generates the revenues for corporations that leads to their profitability.
The Federal Reserve seemingly is an ongoing mission to destroy the bottom 90%. The one lesson that we have clearly learned since the 2008 “Great Financial Crisis,” is that monetary and fiscal policy interventions do not lead to increased levels of economic wealth or prosperity. What these programs have done, is act as a wealth […]
There is a 6.4 million discrepancy between the change in employment level and the change in unemployment level.
The fiscal and monetary responses to the “coronavirus” created a surge in savings. While many hope those savings will go back to work, the “savings mirage” won’t save the economy. In recent weeks, there has been a good bit of chatter about the surge in the “savings rate.” The rate has now jumped to the […]
Here is what you might have missed from the RIA Crew last week. A compilation of our best blogs, newsletter, podcasts, the daily radio show and commentary from RIAPRO.NET.
ADP reported more than 20-million people lost jobs in April. We take a look at the massive number of job losses in April. Who lost jobs, and what was the company size that contributed the most to unemployment.
Jerome Powell recently said: "both the depth and duration of the economic downturn are extraordinarily uncertain." No truer words have ever been spoken.