April 28, 2011 By Larry Kudlow Fed head Ben Bernanke, at his first-ever news conference on Wednesday, slammed the door shut on any new QE3 pump-priming. The $600 billion QE2 program to purchase bonds will end on target at the end of June, and that will be that. Bernanke also suggested that the Fed’s “extended […]
GOLD SLAMS BERNANKE Read More »
APRIL 23, 2011 By TOM LAURICELLA The U.S. dollar’s downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency. With no relief in sight for the dollar on any of those fronts, the downward pressure on the dollar is widely expected to continue. The dollar fell
DOLLAR’S DECLINE SPEEDS UP, WITH RISKS FOR U.S. Read More »
APRIL 21, 2011 The world tries to protect itself from U.S. monetary policy. Members of the International Monetary Fund emerged from their huddle in Washington last weekend resolved to keep every option open to slow the flood of dollars pouring into their countries, including capital controls. That’s a dangerous game, given the need for investment
FLEEING THE DOLLAR FLOOD Read More »
APRIL 14, 2011 The author of “Atlas Shrugged” was an individualist, not a conservative, and she knew big business was as much a threat to capitalism as government bureaucrats. By DONALD L. LUSKIN Tomorrow’s release of the movie version of “Atlas Shrugged” is focusing attention on Ayn Rand’s 1957 opus and the free-market ideas it
REMEMBERING THE REAL AYN RAND Read More »
APRIL 9, 2011 Inflation Drives a Shift in Markets By TOM LAURICELLA And JUSTIN LAHART After being pushed and pulled this year by tumult in the Middle East and the quake in Japan, the world’s financial markets are increasingly being driven by economic fundamentals, including inflation and interest rates. The winners in the shift have
INFLATION WORRIES – GOLD HITS A NEW RECORD, SILVER AT 31 YEAR HIGH Read More »
APRIL 5, 2011, 3:03 P.M. ET Fed Minutes Show Inflation Debate By JEFFREY SPARSHOTT And JEFF BATER Federal Reserve officials judged that the U.S. economy was gaining traction when they met three weeks ago, but highlighted the potential negative impact of rapidly rising commodity prices on inflation expectations, consumer spending and business investment. “A significant
BERNANKE PLAYS DOWN INFLATION FEARS DURING MARCH 15 FED MEETING DEBATE Read More »
MARCH 19, 2011 Hedge-fund manager Paul Singer recognized the risks of subprime mortgages and bet against them. Now he warns that monetary policy could cripple American banks again. By JAMES FREEMAN At the height of the housing bubble, hedge-fund manager Paul Singer was shorting subprime mortgages. By the spring of 2007, he was warning regulators
MEGA-BANKS AND THE NEXT FINANCIAL CRISIS Read More »
MARCH 15, 2011 Banking’s Scourge on Charm Offensive By VICTORIA MCGRANE And MAYA JACKSON RANDALL Elizabeth Warren has earned a reputation as the scourge of the financial industry. Banks used “tricks and traps” to carry out a “massive looting from middle-class families,” the Harvard professor and consumer advocate has said. She slammed Wall Street chiefs
ELIZABETH WARREN – BANKINGS’ SCOURGE ON CHARM OFFENSIVE Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) Regulator in Chief The unchecked, unelected, unaccountable Elizabeth Warren. Fred Barnes February 28, 2011, Vol. 16, No. 23 The Consumer Financial Protection Bureau (CFPB) is forgotten but not gone. It’s housed, quietly and temporarily, in the Treasury Department as it prepares to become an official, stand-alone federal agency on
REGULATOR IN CHIEF Read More »
FEBRUARY 23, 2011 Few protesters in the Middle East connect rising food prices to U.S. monetary policy. But central bankers do. By GEORGE MELLOAN In accounts of the political unrest sweeping through the Middle East, one factor, inflation, deserves more attention. Nothing can be more demoralizing to people at the low end of the income
THE FEDERAL RESERVE IS CAUSING TURMOIL ABROAD Read More »
