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inflation

Bond outlook steady near-term as stocks continue to bungee jump

2018's bond market weirdness led us to read a variety of articles and studies analyzing this boring sector. The most puzzling thing about the bond outlook for at least the next two quarters involves bonds' recent, downright odd stability in terms of yield.

Bullard pops bulls’ happy interest rate balloon as stocks plummet

WASHINGTON, March 24, 2016 – As long as the Maven has lived in northern Virginia, not far from the nation’s capital – nearly half a century with only a four-year break—he’s been profoundly disturbed by the way government officials and politicians pop off to make themselves look good without regard to what their words might ...

The Great Recession: End game for poor government policies

WASHINGTON, Dec. 19, 2015 – In our previous article, we provided a short history of how the U.S. Federal Reserve Bank has generally dealt with inflationary and deflationary forces after its Great Mistake of 1937. Simply stated, the central bank’s policies after that point dictated easier, cheaper and more available money during hard times (recessions); ...

Federal Reserve chooses to hold rates steady. For now.

WASHINGTON, June 17, 2015 – The Federal Reserve’s Open Market Committee (FOMC) minutes were officially released on schedule Wednesday afternoon. Stock averages had moved from positive to negative prior to the announcement, but are now attempting to rally again amidst considerable volatility. Today’s minutes put the final nail in the coffin of June interest rate ...

The Fed’s optimistic March 2015 ‘Beige Book’ report in detail

WASHINGTON, March 6, 2015 − Overall, this March’s Beige Book report was optimistic. Officially entitled “Summary of Commentary on Current Economic Conditions,” this widely read Federal Reserve Board publication is issued eight times a year in advance of Federal Open Market Committee (FOMC) meetings. Anecdotal information is included from each Federal Reserve district. Issued March ...

Russian government predicts severe inflation, recession for 2015

WASHINGTON, December 26, 2014 – The Russian economy, already in a slump, will enter a sharp recession next year, accompanied by double-digit inflation. This is according to Russian government ministers, who blame Western sanctions against Russia over the annexation of Crimea and the plummeting price of oil. The sanctions have blocked foreign investment in the ...