Last week the Federal Reserve began a new phase of currency and debt manipulation on an unprecedented scale. And as a result, the U.S. stock market had its best week in terms of gains for the year.
Tag: central banks
Post
SPOTLIGHT: BIGS GETTING BIGGER
As we have noted since the Central Banksters started to rapidly raise interest rates, the decade’s long merger and acquisition spree is over.
Post
MEXICO’S CENTRAL BANK HOLDS INTEREST RATE AT 11.25 PERCENT
Last week, Banxico’s rate-setting committee voted unanimously to hold the central bank’s key interest rate at 11.25 percent for its fourth consecutive meeting, matching the unanimous expectation of 23 economists Bloomberg surveyed.
Post
THE SYSTEM IS ON THE CUSP OF LOCKING UP, AGAIN!
If you were to ask the average person “what happened during the 2007-2008 Stock Market Crash/Financial crisis?” What caused it? You may hear answers like; “it was brought on by banks who were writing subprime mortgages, giving mortgage loans to anyone with a heartbeat-regardless of if they had a job, or even the ability to make mortgage payments.”
Post
CENTRAL BANKS ARE FOSTERING AN EXTINCTION LEVEL EVENT
U.S. mortgage rates here in the United States have just risen to their highest level in 21 years. Meanwhile, despite all the talk about how raising rates would somehow tame inflation, and that it was just temporary, and even transitory, inflation continues to rise. Moreover, by the Fed’s own admission, “inflation continues to outpace every projection they have made.” Moreover and overall, food inflation continues to outpace everything else. With energy inflation a close second.
Post
ECB BOOSTS INTEREST RATE TO 23-YEAR HIGH
As the U.S. Federal Reserve did a day earlier, the European Central Bank (ECB) added a quarter point to its key interest rate on 27 July, bringing it to 3.75 percent. It began raising the rate in July 2022, when it was -0.50 percent.
Post
ARE YOU READY? CENTRAL BANKS WILL VASTLY INFLATE FROM HERE
Being that not a single developed nation on Earth is going to implement any real cuts to spending, you can count on one thing happening, much higher global debt.
Post
ECONOMIC UPDATE — MARKET OVERVIEW
The true fear of an economic calamity on the near horizon was further clarified yesterday as gold once again illustrated its status as the world’s number one safe-haven asset.
Post
CENTRAL BANKS: NOW THE HARD PART BEGINS
Overall inflation has been falling in most countries in recent months as central banks have used higher interest rates to rein it back.
Post
NEW ZEALAND TIPS INTO RECESSION
The central bank’s higher interest rates and the cost of cleaning up after floods and a cyclone sank New Zealand’s economy into a recession during the first three months of this year.