The Knowledge Vault Newsletter Sign-up >>>

 

Posts Tagged ‘Federal Reserve’

The Fed Chooses To Punt

October 7th, 2013 by Kurt L. Smith

The Federal Reserve Board chose to do more of the same in September and will continue to buy bonds at a $1 Trillion annual pace.  All that hub-bub earlier in the summer about pulling back, now coined as tapering, well you can just forget that.  The Stock market is at recovery highs and why rock the boat? (more…)

Watch The Markets, Not The Fed

May 8th, 2013 by Kurt L. Smith

The Federal Reserve, along with most Central Banks around the world, are creating Cash and Credit at an unprecedented pace in the most ambitious economic experiment of all time.  Yet despite Central Bankers attempts to create Cash and Credit (and hence inflation), the price of Gold fell from over $1900 to almost $1300. (more…)

Wash, Rinse, Repeat

March 8th, 2013 by Kurt L. Smith

Stocks are cheap!  Compared to Bonds, Stocks are cheap, but then again, everything is cheap compared to Bonds.  This is the narrative driving Stock prices to multi-year and even all-time highs. Enjoy while you can but this narrative has no legs, despite the desires of all the central banks on the planet. (more…)

No, It Won’t Be Like This Forever

February 11th, 2013 by Kurt L. Smith

Sure short-term interest rates are near zero; nothing new here.  But the good news, albeit great news, is we continue to find worthwhile, short-term municipal bonds.  In a world of generic, too-big-to-fail, debt by the billions, you can thank a very diverse, too-many-issuers-to-count municipal bond market for these opportunities.

(more…)

NEWS FEED

Tweetomatic error: Could not authenticate you.