Federal Reserve leaning toward more stimulus
Policy makers at the US Federal Reserve are leaning toward more stimulus action "fairly soon" unless economic data turns around, minutes from their meeting three weeks ago showed Wednesday.
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Quantitative Easing
Fed minutes indicate possible new action soon
Federal Reserve officials spoke with increased urgency at their last meeting about the need to provide more help for a weak US economy. Many felt further support would be needed "fairly soon" unless the economy improved significantly.
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A Forward and Backward Look at the Cycles for 2011
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By Clif Droke
Gold Revaluation and Seasonals
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By Stewart Thomson
Repetition of exercise is a key to victory in athletics. Repetition of key points (and actions) is a key to victory in the market, so let me repeat a couple of these key points. The policy of "rates to zero" failed to end the crisis, yet it continues as policy.
Training Wheels Off, Crash Helmets On
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[[wysiwyg_imageupload:2355:]]By Michael Pento
Based on many pronouncements by economic policy makers, reams of articles by the top financial journalists and near continuous discussion on the financial news channels, it appears that the quantitative easing juggernaut that has steamed the high seas of macroeconomics for the last three years is finally pulling into port...supposedly for the last time. According to the dominant narrative, QEI and QEII helped stabilize the economy during the Great Recession and now the Federal Reserve is ready to take the training wheels off. If so, the economy may need a helmet because there is virtually no chance that it can avoid major contractions without central banking support.
Q2 Economic Contraction Highly Probable
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By Tony Pallotta
Recently I have been discussing the possibility that the US economy is in fact in a period of contraction. I want to revisit that call as I don't loosely throw out such a statement without backing it up with real data. Q1 2011 GDP was 1.77%, a 43% reduction in Q4 2010 GDP of 3.11%. Although Q1 GDP could be revised higher over the next two revisions it did highlight three sources of contraction.
Fed QE and SPX
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By Adam Hamilton
In just a couple months, the US Federal Reserve's second quantitative-easing campaign will wind down. This program has been highly controversial since its birth, so the Fed is under tremendous pressure not to launch a third round of QE. And if QE2 indeed ends on schedule this quarter, it has major implications for the US stock markets.
Seized Pensions and Quantitative Easing
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[[wysiwyg_imageupload:2190:]]By Adrian Ash
A government-run pension fund manager - hardly fills you with confidence, does it...?
AS EVERY BRITISH ADULT well knows, the UK government long since forgot to save a penny of his or her lifetime's National Insurance contributions.
What Happens When QE2 Ends?
As government agencies go, few have a bigger influence, of course, than the Federal Reserve, whose policies affect the prices of everything from a 30-year mortgage to a double skim latte, not to mention the outlook for economic growth, jobs and inflation. So when Federal Reserve Chairman Ben Bernanke signaled last year that the Fed would buy as much as $600 billion in Treasury bonds, it was bound to make waves—among Fed fans and critics alike.
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Commodities and the global economy after QE2 - Simon Hunt
Simon Hunt says, 2012 will see a new round of money printing by the Fed resulting in another bout of commodity and equity buying after the pullback seen in the summer of 2011
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