Wealth Creation Through Natural Resources
The yield on the 30-year Treasury Bond has rallied more than 35 basis points since late-August: However, there is good reason to believe there isn’t much risk of more upside in bond yields regardless of what the Federal Reserve … Continued
If we could only look at one chart it would have to be the following one: US Dollar Index (Weekly) After peaking in March the US Dollar Index has spent the last 6 months consolidating between roughly 93 … Continued
A new piece of research from Morgan Stanley makes the case for a virtually endless cycle of global central bank easing. As one central bank engages in QE and weakens its currency, this country’s trade partners import deflationary pressures and in … Continued
Via Bespoke: The chart is pretty self explanatory, but nonetheless stunning. It hasn’t been this bad for commodities since the post-dotcom crash recession, and in many ways it’s much worse than it was in 2002. A few takeaways from … Continued
This is everything you need to know about today’s Federal Open Market Committee statement: “To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for … Continued
Hedge fund legend Stan Druckenmiller is out sounding the alarm that the current economic backdrop does not warrant the Federal Reserve maintaining highly accomodative policies including ZIRP: “I feel more like it was in ’04 when every bone in my … Continued
The following tweet from @BobBrinker sums up today’s FOMC announcement quite nicely: The Fed lowered its 2015 PCE inflation forecast to a range of .6%-.8% from a previous range of 1.0%-1.6% and also lowered its 2015 GDP growth forecast to … Continued