Maybe you're right but that's not the focus in here - pointless to debate it. We're discussing government infusing money into the economy by spending. It doesn't change the fact the European governments are large spenders themselves, of course via ...

Here’s the kind of spending that leads to bigger paychecks and a roaring economy

Of course I know correlation doesn't mean causation but it is easy to connect the dots. Think of the government as the nation's biggest consumer and that should change your perspective. I need to add that this has nothing to do with the conceptual ...

Here’s the kind of spending that leads to bigger paychecks and a roaring economy

It's not business investment. Business investment can mean investing in robots replacing human jobs. What ultimately leads to bigger paychecks all around is more government spending. There is a very strong correlation between increased government ...

Here’s the kind of spending that leads to bigger paychecks and a roaring economy

I don't think there's going to be a big gap. The markets are still giving a December hike a 86% probability. The question is - will there be any hiking at all during 2018? That's a whole another thing.

Yellen: A Challenging Decade and a Question for the Future

So if Yellen, in her recent speech, can't explain this year's persistent low inflation, why the heck does she want to keep hiking? You'd think you would want to find out what's causing the low inflation before doing anything drastic as an interest ...

Yellen: A Challenging Decade and a Question for the Future

Not necessarily. A currency pair's price is the relative demand & supply between the two currencies. Also, remember large movements of currency pairs are often cyclical so they don't always conform to expectations borne of fundamental analysis. One ...

Has the Canadian dollar topped out?

That's not a good news for the US dollar especially when the FED wants to keep hiking rates.

US Spent A Record $4 Trillion In Fiscal 2017, Pushing Deficit To $666 Billion

Careful there, guys. CAD CPI actually grew compared to last year. It's still an increase, although it did not meet expectations. The retail sales was bad. It's transitory so it's likely, given previous history, next month's retail sales will be ...

Canada Retail Trade, August 2017

Once they realize that tax reform isn't going to muster enough votes, the USD will jump over a cliff to unfathomable depths.

Senate passes $4 trillion budget blueprint in crucial step for President Trump's overhaul of...

Perhaps Trump is picking Powell because he's got a lot of debt himself and doesn't want the interest to go up, therefore ballooning his debt payments?

Trump leaning toward Powell for Fed chair, officials say

Oil prices have steadily gone up, hence the USD mediocrity. It's just a small part. You have the FED takin' its sweet time hiking rates and inflation has been quiet of late, so investors all over have decided that the better R:R trade is in other ...

US Unemployment Insurance Weekly Claims

If you think that, I'd like to trade against you. My chances are pretty good. The unemployment figures have been exemplary in the past year or so, yet the USD is down against a majority of currencies for the year. Something is afoot.

US Unemployment Insurance Weekly Claims

The problem is that he's assuming the subdued inflation we've experiencing right now is transitory. It could be... longer term, if not semi-permanent.

Kaplan: Impact of Hurricane Harvey and a Discussion of Key Structural Drivers Affecting U.S....

It won't be worth nothing if we're a galaxy-spanning civilization demanding Earths' worth of gold every hour or something like that... But by then, we'll probably be able to create gold at any quantity using the nano-molecular assembler. ;-)

Astronomers detected 100 Earths' worth of gold being forged in space — here's how much it's...

We all know Trump doesn't exactly inspire confidence in his ability to keep his word. Heck, he's already proven he is a loose screw, about to fall off anytime.

Taylor Impresses Trump for Fed Chairman, Warsh Slips, Sources Say

The bigger the hawk, the faster US dollar will decline. In this unique economic environment, higher interest rates translates to lower inflation which triggers the expectation of a more accommodative monetary policy down the road.

Taylor Impresses Trump for Fed Chairman, Warsh Slips, Sources Say