Since the last FOMC Statement on June 15th, we have witnessed the biggest combined stock-bond rally in more than two decades – Stocks and bonds have soared in the last month, the dollar rallied, but gold has been clubbed like a baby seal…
The Fed Created an Emergency Lending Program to Hold Interest Rates Down; the Tiny Country of Sri Lanka Was the Major User…
At Fed Chairman Jerome Powell’s press conference on July 29, he persisted in his explanation that all of the Fed’s bailout programs are really about helping the American people get back on their feet. Here’s one more, among a growing mountain, of reasons to question that. Sri Lanka is an island country situated in the […]