Nomura's Bob "The Bear" Janjuah: "The Question Is What Would Be Necessary For The Fed To Do QE Or NIRP"
The latest from Nomura's Bob "the bear" Janjuah
Power of the Fed's words waning?
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Cash Banned, Freedom Gone
Submitted by Thorstein Polleit via The Mises Institute,
Some politicians want to ban cash, arguing that cash is helping criminals. The first steps in that direction are the withdrawal of big denomination notes and the limits imposed on cash payments.
"Let Me Tell You About The Very Rich"
Authored by Pedro Nicolaci Da Costa, originally posted at ForeignPolicy.com,
It’s not like we didn’t know what was going on. But the “Panama Papers,” the largest-ever document leak and one that implicates political leaders and business executives around the world, confirms it - cementing a widespread distrust of public and private institutions in the global economy.
In Historic First, Four Fed Chairs Sit Together To Share Their "Philosophy" - Live Webcast
Today at 5:30pm, the four people who have done more to shape the U.S. and global economy in the past four decades more than anyone else, will sit down to discuss their respective philosophies and explain how they see the present and future of the world. At that time, Janet Yellen will appear with her predecessors Ben S. Bernanke, Alan Greenspan and Paul Volcker for a round table discussion. The event at the International House marks the first time the four Fed chiefs have gathered for a joint public appearance.
Bonds & Bullion Surge As Stocks Slump Most In 2 Months
But, but, but... jobs...
Financials suffered their biggest drop in 2 months... (down 3 of the last 4 days) - on target for the worst week since the first week of the year
We suspect Financials have further to fall...