TYBS News and Press, Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust From 06/10/20

The May inflation report , just released by the Bureau of Labor Statistics, offers an unnerving glimpse at the volatile U.S. economy, with prices rising dramatically in some sectors and falling dramatically in others. Overall, the deflationary trend continues. The BLS said the Consumer Pric...

Around the same time Lehman Brothers and AIG became headline news in the middle of September 2008, none of the mainstream econometric models thought it was possible for the US economy to suffer so severe a shock that it would induce monetary policymakers to unleash ZIRP. Worse, the models all ...

Overview: The pullback in US shares yesterday has not derailed the global advance. Japanese and Chinese markets were mixed, the Hang Seng slipped, and Indonesia was hit with profit-taking, but the MSCI Asia Pacific Index eked out a small gain. It has fallen once in the past two and a half we...

As a follow-up to our previous post in this series, "Nothing Natural About Low Rates," we see good reason to believe that the explanation for the current low real-rate environment lies in the incentives that govern the prevailing monetary regime. Starting in the era of the "Greenspan put,"...

The clues are starting to pile up that the deepest phase of the economic loss for the US coronavirus recession has passed. There's still a long way to go to climb out of the hole, but data published to date suggest that the recovery process has started. It's unclear how the rebound will unfo...

While the silver price has yet to experience the significant move that many like myself are still fully expecting, that doesn't mean the developments are not happening below the surface. Fortunately, I was invited onto Jean-Claude's Beyond Mystic channel to talk about what's going on, how th...

Editor's note: Originally published at tsi-blog.com on June 9, 2020. [This blog post is an excerpt from a commentary published at TSI last week] In most countries/regions, the money-supply growth rate bottomed in 2019 and by the beginning of this year was in a clear-cut upward tren...

My brief exchange with Markus Brunnermeier at the end of a COVID-19 talk attracted some attention, and merits a more detailed intervention. Gavin Davies at FT made some comments (more later) as did the Economist . My proposal to fund the US with perpetuities comes from a paper, here . ...

A dangerous idea seems to have gained wide currency in both academic and economic policymaking circles. It is the notion that in a world of low interest rates, governments should not feel themselves constrained in their public spending decisions by budget deficit considerations. This idea risk...

By Robert P. Murphy Editor's Note: We keep hearing from the Fed's defenders that the current spate of new stimulus and bailouts from the central bank are really not a big deal and are all very prudent and moderate. I asked Senior Fellow Bob Murphy to provide some much-needed perspective. ...