DTUL News and Press, Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L469 From 02/19/19

In recent months, I have been warning about the cliff of new bonds issuance that is coming for the U.S. Treasuries in 2019, pressured by the declining interest in U.S. debt from the rest of the world. December 2018 figures are a further signal reinforcing the importance of this warning (see U....

By Valentin Schmid The Fed has capitulated to the markets, but can it avoid a recession? After Jerome Powell became Fed chairman in 2017, this publication made the not-so-bold prediction that he would bail out financial markets when necessary, although he doesn't have a doctoral degr...

By SchiffGold On Friday, Pres. Trump declared a national emergency. Based on that declaration, the president will reallocate $6.5 billion from other government programs to fund a border wall. In his podcast on Friday, Peter Schiff said there is indeed a national emergency, but it has not...

Editor's note : This article was originally published on February 16, 2019, by Menzie Chinn here . "The Coalition for a Prosperous America" releases what it burbles as a "Groundbreaking CPA Study…" entitled "Quantifying Economic Growth and Job Creation from a Competitive Dollar" ...

Believe it or not, officials at the Federal Reserve are discussing how the Federal Reserve should operate its monetary policy in “normal” times. As explained by Nick Timiraos in the New York Times , “Federal Reserve officials are zeroing in on a strategy to end the wind...

By Ryan McMaken Money-supply growth slowed in January, falling to the second-lowest rate recorded since February of last year. Overall, money-supply growth remains well below the growth rates experienced from 2009 to 2016, and has fluctuated little since March of last year In January, ye...

If you are a regular reader of mine, you know that I am a strident critic of monetary policy in our country and that I have been immensely skeptical of our Federal Reserve for (in my opinion) being beholden to daily moves in the stock market to help it set what is supposed to be longer-term mo...

In this article, I draw attention to the similarities between the current economic situation and that of 1929, and the threat to today's unbacked currencies. There is the coincidence of trade protectionism with the top of the credit cycle, and there are the inflationary events that preceded it...

Non-shelter inflation came in relatively close to the Fed target this month, preventing non-shelter Core CPI inflation from declining too far as the hot January 2018 figure dropped off the back end. Core non-shelter inflation fell from 1.5% to 1.4%. Shelter inflation is holding up at about 3.2...

Editor's note: This article was originally published on February 13, 2019, by Menzie Chinn here . The Federal budget has just had a big hole blown in it . Thanks to the Tax Cuts and Jobs Act and the last omnibus spending bill, both the Fed and foreigners (including central banks) are...