Submitted by Alasdair Macleod via GoldMoney.com,
World-wide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment.
At the end of February, shortly after Japan's disastrous attempt to crush the Yen at the expense of a stronger dollar when the BOJ unveiled its first episode of Negative Interest Rates, only for everything to go spectacularly wrong for Kuroda, the world's financial leaders met in Shanghai where the so-called Shanghai Accord took place when in no uncertain terms central bankers around the globe (and especially the Chinese) came down on Janet Yellen like a ton of bricks demanding that the Fed do a "dovish relent", and stop the Fed's monetary tightening talk, ease back on expectations of furth
Submitted by Alex Newman via The new American (h/t Brandon Smith),
Elect The Warmonger Killary And You Will Have Victoria Nuland As Secretary Of State Says David Stockman And The Result Will Be World War III Says PCR
Submitted by Lance Roberts via RealInvestmentAdvice.com,
This past week, the big news for the market was the release of the April 27th FOMC minutes which once again suggested the Federal Reserve may be on a path to hike rates sooner rather than later. The reality is simple, with the markets hovering on critical support, a Presidential election just around the corner and no real evidence of economic recovery, the likelihood of a rate hike in June is approaching zero.
Here are some key highlights from the meeting minutes: