Why Central Bankers Everywhere Want You to Believe the Illusion By Andrew Packer Dear A-Letter Reader, In French, it’s called ‘legerdemain.’ Scientifically, it’s called prestidigitation. But we all know it from some…
Tag: Finance
Foreign markets surge again! Where. Why. What to do.
While U.S. markets have gained a bit more in the last few days, the key foreign markets I told you about have literally catapulted higher. So now they’re outperforming the Dow by…
Elliott Wave International’s Understanding the Fed eBook is now available
Dear reader, My friends at Elliott Wave International have just released a free 34-page eBook, Understanding the Fed. It’s the free report the Federal Reserve doesn’t want you to read! This eye-opening…
Leading Economic Indicators Keep Rising, but …
Last Thursday the Conference Board published its Leading Economic Index (LEI) for the U.S. In January this historically-reliable indicator increased 0.3 percent after shooting up 1.2 percent in December and 1.1 percent…
More Spending is Always the Answer
Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has been little more…
Bernanke’s Burn Notice – Why Now? Research Reveals Insight Into Fed Chairman’s Popularity
By Elliott Wave International Like a spy who gets a burn notice, Federal Reserve Chairman Ben Bernanke has suddenly lost his support. Bernanke has gone from being Time magazine’s Man of the…
Deflation in Everything But the Cost of Living
By: Adrian Ash, BullionVault Well, this is a pretty pass. Deflation in all things except inflation… THEY WERE SUPPOSED to avert depression. The Bank of England continues to tout their “success”. But…
Keynesianism Delivers a Decade of Zero
This past week we celebrated the end of what most people agree was a decade best forgotten. New York Times columnist and leading Keynesian economist Paul Krugman called it the Big Zero…
Further Downgrade in Greece Triggered Credit Concerns, Investors Sheltered under USD
Broad-based rally in USD pared commodity gains made Wednesday. The dollar surged to 1.434, the highest level in 3 months, as S&P downgrades Greece’s credit rating for the second time this year….
How Do Interest Rate Rises Affect Australian Investors?
How Do Interest Rate Rises Affect Investors? You hear a lot about interest rates at the beginning of each month when the Reserve Bank of Australia meets to review their official cash…