I am a financial writer, publisher, and New York Times bestselling-author. Each week, nearly a million readers around the world receive my Thoughts From the Frontline free investment newsletter. \n\nMy most recent book is Code Red: How to Protect Your Savings from the Coming Crisis. I appear regularly on CNBC and Bloomberg TV. I’m also Chairman of Mauldin Economics, a research group that provides monthly analysis and recommendations to thousands of readers around the world.\n\nI was previously CEO of the American Bureau of Economic Research. Today I am President of the investment advisory firm Millennium Wave Advisors, LLC. I am also president and registered principal of Millennium Wave Securities, LLC a FINRA and SIPC registered broker dealer.\n\nWhen I’m not traveling to speak at conferences and events, I live in Dallas, TX. I’m also the proud father of seven children.
We Hear Different Theories
Notice at the link how the NY Fed describes its plans. The desk will offer “at least” $150 billion here and “at least” $75 billion there. That’s not how debt normally works. plus an implied promise of more. The US doesn’t have negative rates, but the Fed is giving banks negative credit limits. In a very precise violation of Bagehot’s Dictum.
Here’s the official line, from the minutes of the unscheduled Oct. 4 meeting at which the FOMC approved the operation. It insists the latter isn’t QE, but it sure walks and quacks like a QE duck. So, I and many others call it QE4.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Amy Schumer talks about the pressure to breastfeed: 'This is not for me'Actress, writer and comedian Amy Schumer is speaking out and giving a voice to what many new moms feel.
Leer más »
Aaron Rodgers, Danica Patrick Buy $28 Million Malibu Villa From Robbie WilliamsProfessional sports superstars Aaron Rodgers and Danica Patrick treated themselves to an early Christmas present this year, quietly closing on a pedigreed Malibu estate just in time for the holiday…
Leer más »
Trump trend: LGBTQ mentions quietly axed from discrimination guidelinesThe Trump administration has quietly but systematically removed mentions of 'sexual orientation' and 'gender identity' from executive branch guidelines on discrimination.
Leer más »
Want Baby-Smooth Skin? It's About Time You Tried A Home Chemical PeelPeels are the closest thing to having a skin do-over with nearly zero downtime.
Leer más »
Pope apologizes for 'bad example' of slapping arm of pilgrim who tugged himPope Francis used his first homily of the new year to denounce violence against women, which he compared to profaning God. More here:
Leer más »
Pope apologises for 'bad example' of slapping arm of pilgrim who tugged himPope Francis apologised on Wednesday for having angrily slapped a woman's a...
Leer más »