Harvard Professor Martin Feldstein: The Chinese Economy and Fed Policy
Janet Yellen’s speech on September 24 at the University of Massachusetts clearly indicated that she and the majority of the members of the Federal Reserve’s Federal Open Market Committee intend to raise More...
‘Dr. Doom’ Nouriel Roubini: The Negative Way to Growth?
Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, More...
Russia Cuts Interest Rate But Ruble Still Falling – Someone Should Listen to Mikhail Fridman
Mikhail Fridman was right. Russia’s economic problems don’t stem from its inability to juggle its numbers — they’ve been juggling like it was the Moscow Circus. And they don’t even More...
Bill Gross Predicts 25 Basis Point Interest Rate Rise by June
A policy statement from the U.S. Federal Reserve indicates a “patient” approach to raising interest rates; Janus manager Bill Gross thinks the rise will be 25 basis points by June 2015. The FOMC More...
Goldman Sachs’ Advice On Investing In a High Interest Rate Environment
– While there is disagreement on how soon the Fed will send interest rates higher, there is one thing that is certain; no matter when it will happen, it will happen, and probably sometime in 2015. More...
Glick Family Shocked at Lack of Official US Interest in Rabbi’s Fate
Dr. Yitz Glick, a resident of Efrat, Israel, and brother of Rabbi Yehuda Glick who was shot by a terrorist assassin last week, sent the following announcement to Caroline Glick on Tuesday: “I just More...
Consumer Interest In iWatch Depends On Its Price
– – When Apple finally unveils its long-rumoured smartwatch, allegedly called ‘iWatch’, one of the biggest questions will not be whether it can make phone calls, track calories or measure More...
Global Economy / China Relaxes its Hold on Interest Rates
– Bank of China / Getty – The People’s Bank of China (PBOC) has taken another big step towards financial reform, when they announced that they would be doing away with the floor on lending More...