From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for October 2021. Over the past three months, the indexes increased in 49 states and decreased in one state, for a three-month...
Related topics: Banking
After 'Red Friday' Rout, Will The Fed Slow Their Roll?
Authored by Lance Roberts via RealInvestmentAdvice.com,
“Black Friday” As Market Plunges
Last week, we discussed the weakness of the underlying market as “FOMO” had...
Related topics: Black Friday
President Joe Biden's options for slowing inflation are limited as consumer prices surge to their highest level in 30 years, economists say.
Related topics: Joe Biden, Inflation
Peter Schiff: The 'Devil You Know' Is Still A Devil
Via SchiffGold.com,
On Monday, President Joe Biden reappointed Jerome Powell to head up the Federal Reserve and nominated Lael Brainard to serve as the vice-chair. In his podcast,...
Related topics: Joe Biden, Podcasts
The Kyle Rittenhouse case shined a bright light on our Second Amendment and how it gives us the right to use a gun to protect ourselves from another person or people threatening our life.
100 Percent Fed Up – In Lubbock, TX, a similar...
The technology sector has suffered losses over the past week following the renomination of Jerome Powell as Fed Chair for the second term. The prospect of a rates hike next year is weighing on the high-growth names.This is especially true as Powell...
On Nov 24, the Fed released the minutes of its FOMC meeting held in November. The minutes revealed that Fed members unanimously showed deep concerns about skyrocketing inflation. They also expressed their desire to speed up the tapering of the...
Related topics: Banking, FOMC, Inflation
These forecasts are prior to the news on the B.1.1.529 variant: Heavily mutated coronavirus variant puts scientists on alertGoldman Sachs also put out a note prior to the variant news: “We now expect the Fed to announce at its December meeting...
The American Farm Bureau Federation estimates a Thanksgiving dinner for 10 at $53.31, a 14 percent increase from last year and by far the most expensive meal in the 36-year history of the holiday survey.
Do not blame farmers for a pricey Thursday....
Related topics: Thanksgiving, Polls
Transitory Is Dead: Goldman Now Expects Fed To Double Pace Of Tapering In December, Hike Three Times In 2022
Less than a month after Goldman capitulated and finally admitted it was dead wrong about its "transitory" inflation thesis - a...
Related topics: Inflation
The United States has some of the highest levels of income and wealth inequality in the world. U.S. Federal Reserve data shows that the wealthiest 10% of Americans control $93.8 trillion, more than...
Mike Novogratz is a big name in the crypto world.Photo by John Lamparski/Getty Images
Jerome Powell's second term as Fed chair may bring some pain for crypto assets, Mike Novogratz has said.
Novogratz said Powell may now feel freer to tackle...
Related topics: Bitcoin, Business Photos, Inflation
The euro is under pressure from a surge in COVID-19 cases.Picture Alliance/Getty Images
Global shares rose, shrugging off a more hawkish outlook for US interest rates that bolstered the dollar.
The euro hit 17-month lows, under pressure from a...
Shares of Silvergate Capital (NYSE: SI) rose as much as 6.9% on Wednesday, due to a rosy review from analysts at Morgan Stanley. The stock closed the trading session with a 6.5% gain.The Federal Reserve, the Federal Deposit Insurance Corporation,...
Related topics: US Equity Markets, Morgan Stanley
US President Joe Biden has elected to spend his Thanksgiving holiday at the home of David Rubenstein, a billionaire and co-founder of the private equity firm Carlyle Group. Earlier this week, Biden nominated a former Carlyle partner, Jerome Powell,...
Related topics: Joe Biden, Thanksgiving
WASHINGTON (Sputnik) - The Federal Reserve is prepared to withdraw more quickly the pandemic-era stimulus it has been providing the US economy as the billions of dollars it spends each month fuel runaway inflation, the central bank said in the...
Related topics: Inflation, Banking
American regulators might soon offer much more insight into the legality of cryptocurrency deals. Bloombergreports the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) have shared...
Officials say the most important lesson for businesses from the federal experience is that once they take the first step toward requirements, their workers will follow.
Related topics: White House
A 100 Percent Fed Up EXCLUSIVE co-written with guest author Ulysses Tennyson – His name is Baxter Jones—but his friends call him “Baba”…because, according to our source, he mandates that they do so. Our confidential source inside the...
Related topics: Activism
Stocks, Bonds, & The Dollar Bid As Fed Admits Stagflation Fears
The Fed came clean about its big fear today in the FOMC Minutes:
"The staff continued to judge that the risks to the baseline projection for economic activity were...
Related topics: FOMC