Submitted by Matt Stoller via The Intercept,
In 2011, unemployment was at a near crisis level. The jobless rate was stuck around 9 percent nationally, an unusually high number due to the continuing effects of the financial crash.
The Federal Reserve is hell-bent on tanking the economy in order damage President Donald Trump and turn the people against him, according to former Rep. Ron Paul (R-TX). “The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis at some point in our future,” Paul stated. Explaining that the collapse will occur in the next 12-18 months, Paul warned that the unaccountable Federal Reserve is so powerful even the President won’t be able to stop the crisis.
By EconMatters
It is pretty obvious the stock market is not, and has not been trading on actual earnings for a long time, but at these valuations it is starting to get downright scary how far these assets are going to fall in the inevitable market crash when every excessive risk taker runs for the exits at the same time.
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Another View On The Inflation Argument
There is little evidence that current levels of inflation are stable. As I wrote in “Inflation: The Good & The Bad”, outside of just two areas, rent and health care, there remains a broader deflationary trend currently.
Importantly, as I noted, there are two types of inflation:
Submitted by Kevin Muir via The Macro Tourist,
Although the stock market is giddy from President Trump’s pro-growth policies, there is another constituent not quite so enamoured with recent developments. Although a few years ago Fed officials were begging for some help from fiscal policy, with employment now running at a “perceived” tight pace, FOMC participants have switched to viewing fiscal stimulus as a potential inflationary concern that needs to be offset with tighter monetary policy.