The Fed is no longer reinvesting maturing assets; this is ‘quantitative tightening’. At the same time, it’s raising the federal funds rate.
In 2007, the Global Financial Crisis hit, and it saw the US fall into a recession, that saw some calling it a depression.
The Great Recession lasted for 18 months, from December 2007 to June 2009. In the nine years since then, the US have kept their title of holding the largest economy in the world.
Another GFC On The Way?
It has enormous influence over the direction of financial markets and your investments. But will its trillion dollars in government debt prove the end of the Empire? Or can resurgent industries like technology and energy put America back on the front foot?
Is this the beginning of the next GFC? And if it is, Australia could be affected enormously this time around.
But we’ll leave it to you to make up your own mind after reading from this diverse group of analysts.
Once in office, Mr Trump used the stock market as a measure of his own success. He said he had ‘already made America great,’ and pointed to rising stock prices to prove it. If stocks…
The global market sell-off continued over night with Wall Street, as well as other global markets slipping rapidly during an unstable period of trading. Major US share indices were trading a little higher in the…
The Trump team is already preparing to step in — with the collusion of Congress and the Fed — to prevent a bond bear market.
It was inevitable. And yet the market is struggling to digest it, and the mainstream financial media is grasping for stories to explain it.
Shares of Amazon.com, Inc. [NASDAQ:AMZN] took a hit in last night’s trading, sliding by over 6% during the day of Wall Street’s worst performance in eight months. This seemed a common theme in growth stocks…
Bullying, blustering, and bluffing not only adds costs and decreases efficiency, it also leads to major blunders. America’s most important and most loyal trading partner is already looking for other markets and suppliers.
The September Institute for Supply Management (ISM) manufacturing index came in at 59.8, lower than August’s 61.3 and below the 59.9 forecast – suggesting President Trump’s trade war is not yet impacting the US economy.
Today’s Fed decision soaked up most of the attention that wasn’t focused on the Supreme Court confirmation soap opera playing in DC. But there are some interesting and important things happening in the US housing…
In 1933, the matter first came before the Supreme Court. Franklin Roosevelt’s Executive Order 6102 made it illegal for citizens to own gold, except in the smallest of quantities.
Politics is usually best ignored. But there are times when, like a rusty gas tank at an abandoned garage, it seeps into the groundwater and poisons the earth. One of those times, we believe, is…
The problem is that the Fed is raising rates as emerging markets around the world are tanking. In August, the MSCI Emerging Markets Index marked a 20% fall this year. However, the stock market is…
China needs to strengthen its economy to fulfil its long-term shift to stronger domestic consumption while focusing on the real global growth markets in Southeast Asia, India, and Africa.
Last month, the feds borrowed $214 billion. They spent $433 billion, of which $32 billion was on interest on the national debt. In other words, half of what they spent was borrowed.
The trade war is having no effect on China´s economy. As reported by Forbes: ‘The Trump vs Xi Jinping trade war has not harmed China’s trade economy, based on recent trade data for August and the first week of September. Total trade activity climbed 12.9% on an annual basis in August in yuan terms, up from … Read More