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Federal Reserve

How the Fed Has Moved Silver Prices in 2014


For all the discussions of inflation and labor market conditions going on at the U.S. Federal Reserve's policy meetings this year, it would be expected that the Fed's words would be felt in silver prices in 2014.

But this year, that hasn't been the case...

The Search for Yield, Emerging Markets, and a Wacky Divergence

emerging markets

Let's talk a little more about divergence - as in wacky divergences.

Last time, we looked at divergence through the lens of interest rates and how rates - principally measured by the yield on the U.S. Treasury 10-year note - were going lower when they were expected to move higher as the Federal Reserve tapers its monthly bond purchases.

But there's another divergence at work, and it strikes me as dangerous.

We're talking about the rising prices of emerging markets stocks and bonds...

Feds Finally Put Their Scopes on the “Too Big to Jail”

bank jail

Late last month, depending on how you look at it, either something wonderful happened - or the feds continued their cowardly, conniving ways.

A group of federal prosecutors met in Washington and in New York with various financial regulators to discuss filing criminal charges against and coercing guilty pleas out of two giant banks. This looks to be a historic occurrence.

But two things say we shouldn’t pop open the champagne just yet...

What Happened at Today’s FOMC Meeting

today’s FOMC meeting

The Fed wrapped up a two-day policy meeting Wednesday with little fanfare and little investor reaction. There was no press conference following the Federal Open Market Committee (FOMC) meeting this month - just a news release.

No surprises were expected Wednesday afternoon, and no surprises were delivered. Benchmarks were little changed ahead of the Fed’s statement and modestly higher after.

Here’s what transpired at today’s meeting and what it means for the markets.

Janet Yellen's Speech on Monetary Policy: Three Big Questions Answered

Janet Yellen

Janet Yellen gave her first speech on monetary policy today (Wednesday) since assuming her position as chair of the U.S. Federal Reserve on Feb. 3, 2014.

While cautioning that the economy still needs the central bank's support, Yellen stated that the nation's economic recovery will be nearing completion within two years.

Get the full text of Janet Yellen's speech here.

Stock Market Today – Banks Behave Badly, U.S. Energy Boom

Top stock market news today, March 28, 2014: The Dow Jones Industrial Average fell 4.76 points to finish at 16,264.23. The Nasdaq dropped 22.35 points finish at 4,151.23, while the S&P 500 slid 3.52 to close at 1,849.04.

Meanwhile, gold prices fell $8.70 to close at $1,294.70 - below the $1,300 threshold for the first time in six weeks.

Friday's data will center on consumer income in February, an examination of February consumer spending, and a much anticipated look at March consumer sentiment.

Today's FOMC Meeting: Data-Dependent and Dovish


The end of today's Federal Open Market Committee (FOMC) meeting included fresh dovish language in its policy statement - but the market-friendly attitude failed to excite investors who were hoping for more.

As widely expected, the U.S. Federal Reserve announced it will stay the course on its bond tapering. Anticipated - but not as expected - the policy statement shed some light on eventual interest rate hikes.

To continue reading, please click here...

The Five Most Ridiculous Revelations from the Fed Hearings

Glum Bernanke

On Friday, the U.S. Federal Reserve released the transcripts from its vital meetings over the state of the U.S. economy from 2007 through 2009.

The transcripts provide a staggering glimpse into the world of a central bank in crisis, or at least the inability for all parties concerned to grasp the problems at hand.

Here are the five most ridiculous takeaways from the Fed Reports.

To continue reading, please click here...

Janet Yellen Sticks to the Script (Here's What It Means for Investors)


Janet Yellen made her debut before Congress Tuesday as the new head of the Fed...

And just like they did for her predecessors, the markets hung on every single word.

Except in this case, nobody (and I mean nobody) expected any major fireworks. What they were looking for instead was a confirmation that it would be "business as usual."

To continue reading, please click here...

Five Important Things Federal Reserve Chair Janet Yellen Said to Congress Today


When freshly installed Fed Chair Janet Yellen went before Congress yesterday, she mostly followed the script written by her predecessor, Ben Bernanke. But now that she's in charge, everything she says will carry a great deal of weight.

Here are five key takeaways from Yellen's testimony...

Today's Stock Market News and Earnings Calendar

Today's stock market news, Feb. 10, 2014: The markets recovered last week after a choppy start to February trading. On Thursday and Friday, the markets dismissed disappointing unemployment numbers and tepid economic data. The S&P 500 increased 2.6% over the two days.

To continue reading, please click here...

This Has Been Making Investors Rich for 140 Years

People are viewing the end of stimulus as a sunset. "My, what a wonderful day we've had," they say.

What they should be doing is investing for tomorrow's dawn - the turmoil we're seeing now as part of Yellen's arrival is actually par for the course.

It's also a great time to lock your sights on four companies that will lead the way when the smoke clears... Full Story

This Chart Will Save You from a Dangerously Popular Delusion

There's a very dangerous meme making the rounds.

It goes something like this:

The economy is improving, therefore the Fed's going to taper... and, when it does, the economy is strong enough to endure the withdrawals that will come with it.

Don't fall for it.

Nothing could be farther from the truth. Any amount of stimulus reduction will indeed trigger a "taper tantrum."

This chart is all the proof we need...

The Chart the Federal Reserve Doesn't Want You to See

Sign Yield

While the Federal Reserve is going full steam ahead with its money printing, a rule that applies to all central banks says it should be doing the exact opposite. Apparently the Fed plans to keep its collective head buried deep in the sand until everything blows up.

Here's the chart the Fed wishes didn't exist...

How the Fed QE Taper Will Affect Foreign Markets

Hand with gun isolated over a white background

Hints from the U.S. Federal Reserve this week that the quantitative easing taper is near ruffled feathers on Wall Street last week - but the idea of less Fed stimulus has caused much more turmoil in certain overseas markets. Here are the places getting hit the hardest.

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