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NIRP Won't Work - What Ray Dalio Thinks Central Banks Will Do Next

NIRP Won't Work - What Ray Dalio Thinks Central Banks Will Do Next

Just as we first warned in September 2013, so it seems the view of "helicopter money" being imminent is now becoming more mainstream as the powers that be slowly propagandize the benefits.

If dropping interest rates to zero was Unorthodox Policy #1 and QE was Unorthodox Policy #2 then it seems very possible Helicopter Money will be Unorthodox Policy #3. Whether this new level of expansionism, with all the hopes and theoretic power it is supposed to hold, can generate growth of the red-hot rather than lukewarm kind remains to be seen.

 

Is Citadel Unwinding A $50 Billion Portfolio In The Aftermath Of The Surveyor Debacle

Is Citadel Unwinding A $50 Billion Portfolio In The Aftermath Of The Surveyor Debacle

Two weeks ago, before the market was shaken by the most recent bout of volatility, one which led to the dramatic outcome of Birdgewater's Pure Alpha suffering two consecutive 5% weekly losses as reported earlier, we received a tip from an insider that as a result of substantial losses at Citadel's internal hedge fund Surveyor, Ken Griffen's organization was not only laying off numerous portfolio managers and traders, but that the unwinds of the associated portfolios were a direct reason for the selloff suffered at the beginning of the month.

Cushing Is Denying Storage Requests: Some Troubling Data From Genscape And Goldman

Cushing Is Denying Storage Requests: Some Troubling Data From Genscape And Goldman

Yesterday, one of the best-known providers of energy market intelligence thanks to its massive private and patented network of land, sea, and satellite monitors, Genscape, held a webinar titled the "Current state of the global oil market" in which it covered all the core aspects that investors in the oil space find concerning, among which the following:

Expanded Version: The Us Economy Has Not Recovered and Will Not Recover

Expanded Version: The US Economy Has Not Recovered And Will Not Recover

Paul Craig Roberts

The US economy died when middle class jobs were offshored and when the financial system was deregulated.

Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of capital gains and to executives in the form of “performance bonuses.” Wall Street benefitted from the bull market generated by higher profits.

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