Recent action taken by major central banks has bought governments time to spur growth but the European debt crisis and other risks still threaten the world economy, G20 officials said.
By Shayne Heffernan | Sep 25 | LiveTradingNews
The US unemployment rate of 8.1% is probably double that number when you include a all of the other measures of the jobless rate that are not included in the official data. The state of the US labor market is in focus because the US Federal Reserve said last week that until there are significant imp...
By Paul A. Ebeling, Jnr. | Sep 18 | LiveTradingNews
With yesterday's Fed decision and press conference, Chairman Ben Bernanke finally and decisively laid his cards on the table. And confirming what I have been saying for many years, all he was holding was more of the same snake oil and bluster. Going further than he has ever gone before, he made it clear that he will be permanently binding the American economy to a losing strategy.
By Peter Schiff | Sep 15 | Euro Pacific Capital
The geniuses at the Federal Reserve have concocted a bold new plan to revive the U.S. economy -- print a bunch of money, loan it to Americans at super low interest rates so they can speculate on rising real estate prices, extract the appreciated equity and spend it on consumer goods. In other words, build an economy of real estate, by real estate, and for real estate.
By Peter Schiff | Sep 14 | Euro Pacific Capital
Markets around the world over react to The Fed stimulus plans ignoring slowing growth, high unemployment and the possible inflationary effects of a new round of free money. The U.S. budget deficit rose $191-B in August to $1.164-T.
By Shayne Heffernan | Sep 14 | Listverse
This is a highly anticipated risk event because of the market’s already elevated expectation of QE3 or very similar stimulus. Will Ben come to the rescue or disappoint? Let’s get our popcorn ready because there can be some fireworks in the currency markets to follow.
Sep 13 | FX Times
Bell FX Currency Outlook: Weaker US data and positive signs out of China propelled the Australian Dollar significantly higher in the offshore session on Friday.
By Christine Gaylican | Sep 10 | IBTimes AU
10-Yr: +08/32..1.655%.. USD-JPY: 78.25.. EUR-USD: 1.2790. The US Dollar Index pushed below the 81.00 level earlier this morning before hovering near 80.25 for most of the session. The selling has dropped the "Greenback" to its worst level in 4 months as traders ready for next Thursday...
By Paul A. Ebeling, Jnr. | Sep 09 | LiveTradingNews
Is more QE on the way?- Is the ECB's big bazooka enough to save the Eurozone? - Conventional vs. Unconventional - the ECB vs. the Riksbank - Event risk in Europe next week - Can the UK's labour market continue to surprise on the upside? - RBNZ to hold.
By Kathleen Brooks | Sep 07 | Forex.com
Republican Truth Squad at Work, the Facts. You may or may not like Bush 43, but this is a History lesson, so it is information for all US voters, regardless of party. The facts; The day the Democrats took over was not January 20, 2009; it was January 3, 2007, the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.
By Paul A. Ebeling, Jnr. | Sep 07 | LiveTradingNews
Do Democrats favor banning corporate profits? Noted author and economist Peter Schiff went to the Democratic National Convention to find out.
By Peter Schiff | Sep 06 | Euro Pacific Precious Metals
There is an ongoing three way debate between those who believe the Fed should do more to strengthen the recovery, those who believe that the recovery is strong enough to continue on its own, and those who believe that the economy has been so fundamentally altered by the recession that no amount of stimulus can succeed in pushing unemployment down to pre-crash levels.
By Peter Schiff | Sep 05 | Euro Pacific Capital