Truth… Hurts!

Truth… Hurts!

Feb 11, 2020 | News

Every once in a while the truth shines through and we got a few doses of it today. Recently critics who suggested that the Fed’s QE policies artificially elevate asset prices were dismissed as QE conspiracists, but the truth is that central bank policies are...
The Owl Has Landed: Lagarde’s New Vision For The ECB

The Owl Has Landed: Lagarde’s New Vision For The ECB

Jan 12, 2020 | News

On December 12, Christine Lagarde introduced her goals and vision in her first rate-setting meeting as the new President of the ECB. On the actual policy front, there were no surprises. She remained committed to the path set by her predecessor, Mario Draghi, and kept...
Christine Lagarde Criticizes Trump’s Tweets on Fed Bashing

Christine Lagarde Criticizes Trump’s Tweets on Fed Bashing

Oct 20, 2019 | News

If the stock market is down or bad economic data prints, one can always assume President Trump will make time out of his day to bash the Federal Reserve on Twitter. President Trump’s Fed bashing, sometimes a daily occurrence, if not at least several times a...
The Coming Regime Of The ECB: Radical Centrism

The Coming Regime Of The ECB: Radical Centrism

Aug 5, 2019 | News

There is a changing of the guard at the European Central Bank this year with two important new appointments. Philip Lane, the governor of the Irish central bank, was appointed chief economist of the ECB back in June. And and the current head of the IMF, Christine...