Image by RayMark sourced from pixabay Powell’s Real Choice: His Reputation Or Esteem—Part 3 The following is Part 3 in a series outlining my belief that central banks and fiat currency regimes ultimately lead to increasing amounts of leverage. Part 1 can be found here and Part 2 here. Over the past few months I..
Image by bobbyrusso sourced from pixabay I joined RIA Advisors Chief Investment Strategist Lance Roberts on his show to discuss some unique views of central banks, capitalism, and modern monetary policy. Please note, that the opinions expressed are solely my own and do not reflect those of my current or any former employer. You can..
Image by QuinceMedia sourced from pixabay Powell’s Real Choice: His Reputation Or Esteem—Part 2 The following is Part 2 in a series discussing my belief that fiat currency regimes with central banks ultimately result in increasing amounts of leverage. Part 1 can be found here. I have to admit, I was about to “pull the..
Image by Gerd Altmann sourced from pixabay Banking’s History Reveals An Impossible Decision Market participants ascribed a lot of importance to the December meeting of the Federal Open Market Committee (FOMC). Many expected (and even plead) the committee to take a dovish stance. When the Federal Reserve (Fed) disappointed, markets continued to liquidate. Did the..