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    eurozone

    The European Central Bank (ECB) is loath to admit it, but it has no control over the Eurozone inflation rate.

    According to official data released this morning (Monday), Eurozone inflation in August was unchanged at 0.2%.

    That's far below the 2% inflation rate target sought by the ECB. And it shows just how ineffective the central bank's unprecedented monetary stimulus program has been.

    Here's what the ECB will do next...

Article Index

U.S. federal reserve

Peter Schiff on U.S. Dollar Crisis: "The Dollar Bubble Is Going to Burst"

Stock Market Crash

Peter Schiff, economist, best-selling author, and CEO of Euro Pacific Capital, believes a U.S. dollar crisis is underway.

"The dollar is very overvalued...and the dollar is a bubble," he told Newsmax Prime on Aug. 11. "This dollar bubble is going to burst."

Indeed, two weeks later and Schiff's prediction proved timely. The U.S. dollar index has suffered a fourth-straight loss, and U.S. markets have plummeted in the worst weekly sell-off in four years.

Many blame the surprise yuan devaluation. But Schiff believes investors should be worried about the United States, not China...

Will Fed Minutes Move Markets Today?

FOMC meeting minutes today

The biggest question we've received from readers this morning is "Will Fed minutes move markets today?"

Stocks were in the red ahead of what is expected to be a volatile session

What the Fed says is key, but even more significant is tone...

How a Fed Rate Hike Will Play Out After the Yuan Devaluation

yuan and the dollar

Until this week, a Fed rate hike at the September FOMC meeting seemed more probable by the day.

U.S. Federal Reserve Chairwoman Janet Yellen had hinted for months that the U.S. central bank finally was ready to raise interest rates above zero for the first time since late 2008.

Then the Chinese central bank devalued the yuan.

Here's how that bombshell will affect the Fed rate hike...

What to Make of the Recent UK Economic Growth Numbers

UK economic growth

The United Kingdom looks to be getting back on track.

Recent UK economic growth numbers this week revealed that UK GDP is expected to grow 0.7% in the second quarter.

But this just shows that the UK is grappling with many of the same issues as the U.S. right now...

Will the Fed Meeting Today Ignore This Reality?

why is the stock market closed on Good Friday

The U.S. Federal Reserve will adjourn its two-day Fed meeting today (Wednesday) as the Fed mulls over rate hikes.

What's spooked markets over a potential rate hike is the possibility that with so much global stimulus, the United States will sink into deflation should it raise rates.

Though this is a flawed assessment of how U.S. monetary policy is working and has worked over the last seven years...

Federal Reserve Approves Capital Surcharges for Nation's Largest Banks

dow jones futures

Yesterday (Monday), the U.S. Federal Reserve System approved a rule to require the nation's largest banks to hold a larger capital buffer.

These "capital surcharges" are in addition to the 7% capital requirements set forth in the Basel Accords in 2010.

There are two takeaways from this action....

What Is the Fed Funds Rate?

what is the fed funds rate

There's been a lot of talk of when - and even if - the U.S. Federal Reserve will raise interest rates soon.

But the mechanism for which the Fed raises rates, the so-called "Fed funds rate," is hardly well-understood.

So, what is the Fed funds rate? And how does the Fed set interest rates? We look at that here...

The Ugly Truth Behind the Fed's Quantitative Easing

FOMC meeting minutes today

Editor's note: In this groundbreaking analysis, Shah reveals how quantitative easing - a misguided multi-trillion dollar central bank policy and the greatest financial disruptor of our time - has distorted the global economy, made many traditional investments unprofitable, and stoked wealth and income inequality. But Shah says there are steps we can take to limit some of the damage - if we act now.

The growing income and wealth gap between the rich and poor, most of whom used to be called middle class, has many fathers. But behind the scenes one primary cause emerges. It's the greatest financial disruptor of modern times: Quantitative Easing (QE).

While the jury's out on whether QE will eventually be the step-ladder that lifts us out of the lingering Great Recession, as its proponents argue, the facts demand that the verdict on QE's egregious enrichment of the rich and subjugation of everyone else is: "guilty."

And the trouble won't stop now that the United States has begun winding down its quantitative easing - the Eurozone and Japan each have massive QE programs.

Here are the facts. Policymakers and struggling middle class and poor people must take a strong stand to fight this financial plague. Here's how...

The "Unnatural Disaster" Ravaging Global Markets

global-map

The tide is turning for crude oil prices. Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York. The recent rise in prices would seem to be just what the smaller operators in the U.S. need to avoid a sector meltdown. A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.

The tide is turning for crude oil prices.

Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York.

The recent rise in prices would seem to be just what the smaller operators in the U.S. need to avoid a sector meltdown.

A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.

But there is another shoe about to fall in the ongoing fight by smaller companies to survive. Here's my take on the disaster that's brewing - and the opportunities it may bring...

The Fed FOMC Meeting Minutes Release Today

FOMC meeting minutes today

The Fed FOMC meeting minutes release today (Wednesday) was yet another in a long line of U.S. Federal Reserve communications that had financial pundits abuzz but delivered nothing new.

The Fed minutes released today - documenting the discussions of the Fed's Federal Open Market Committee three weeks ago - indicated that the Fed has progressed little on pinning down a timeline for raising the Fed funds rate from its 0% to 0.25% target.

But as usual, these Fed minutes skirted the real issues...

Proof of Federal Reserve Stock Market Manipulation

Federal Reserve stock market manipulation

The fact that the U.S. banking system is awash with $2.6 trillion in excess reserves points to nothing more than U.S. Federal Reserve stock market manipulation.

For years, the amount of reserves in the banking system was flat, at least relative to the relentless surge Bernanke's tenure brought with it. Excess reserves were at $1.5 billion in February 2006 when Ben Bernanke stepped in as chairman. Under Bernanke, it grew $2.5 trillion.

Here's why that can be nothing more than Fed stock market manipulation...

FOMC Meeting Minutes Today Another Rubber Stamp on Fed's Aimless Policy

FOMC meeting minutes today

The U.S. Federal Reserve's Federal Open Market Committee (FOMC) meeting minutes today (Wednesday) will have one thing working in its favor.

It will be able to carry on its aimless monetary policy with impunity. The lead dissenters have all but been silenced in 2015.

And from a credibility standpoint, that's going to help the Fed. But it's only going to continue to confuse markets...

After Fed Meeting Today, Make Money in These Three Assets

FOMC meeting today

The Federal Open Market Committee (FOMC) meeting today (Wednesday) continued to fuel discussions about when the U.S. Federal Reserve is going to finally raise interest rates.

After all, labor market conditions have cleared up - at least by the Fed's metrics. The economy added 295,000 jobs in February, and the unemployment rate sits at an impressive 5.5%. But the other side of the Fed's dual mandate paints a grimmer picture. The U.S. is in deflation.

The real question is how to invest for deflation. Here's how...

Federal Open Market Committee Minutes Today Proved One Thing

Federal Open Market Committee

The Federal Open Market Committee (FOMC) minutes today did little to quell confusion over when the U.S. Federal Reserve will raise interest rates.

The expectation is that the Fed will raise rates sometime in the summer. But the direction of Fed monetary policy has become more complicated than simply pegging a rate increase to what has become an arbitrary consensus estimate.

That's because there are so many potential policy directions, and Fed ambiguity makes nothing certain.

Here's how you should read today's latest round of Fed uncertainty.

FOMC Meeting Today: A Tale of Two QEs

FOMC Meeting Today

The Federal Open Market Committee (FOMC) Meeting today marks 2015's inaugural meeting of the U.S. Federal Reserve's monetary policy makers.

It's only been a month since the last meeting convened. But a lot has changed. It's following big stories in the way of global central, particularly from the European Central Bank.

Here's how this QE story will play out, and why today's FOMC meeting will just be noise in a much more troubling outlook for central banking...

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