Dec. Service Sector PMI crashed to 53.7, its lowest level of the year, validating a data-dependent Fed's decision to raise rates, NOT!
— Peter Schiff (@PeterSchiff) December 18, 2015
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- #janetYellen says a haircut on U.S. treasuries would be a disaster, but sees no problem on imposing an even larger haircut on U.S. dollars!
- How can the Fed's rase rates, when its stated criteria for doing so, participation and involuntary part-time employment, are getting worse?
- Trying to write a very concise explanation of what the Fed does when it engages in QE. Help appreciated
- Fed stuck between a rock and a hard place about upcoming meetings. Learn about it in this week’s Fed Up Friday: https://t.co/jdHrYJEEwK
- Included in the box of my father's effects that the Federal Prison System sent me were over a hundred letters belonging to another inmate!
- Any investment advice besides "buy gold bars"?
- Everyone is supporting Rand, right?
- When the next recession hits, the Fed will cancel plans for tightening, & it may even throw in a few bailouts. http://bit.ly/2iM0oFA
- #Bitcoin didn't soar to a record high due to safe haven buying. It rose due to speculators betting that others would buy it as a safe haven.
- With a trade war on the horizon, China, Japan, and others could even go a step further and start dumping US debt on the market. That means bond prices will tank even faster and yields will increase. That's bad news! http://bit.ly/2Hepdkk