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Why mortgage rates are NOT going up now, but...
• CNN MoneyThat's the fear mongering that some are telling homeowners and homebuyers after the Federal Reserve raised interest rates -- a tad -- off their historic lows Wednesday.
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That's the fear mongering that some are telling homeowners and homebuyers after the Federal Reserve raised interest rates -- a tad -- off their historic lows Wednesday.
The good news is that the economy is recovering, according to this article. The bad news is that the Fed has started the clock running on the business cycle once again. As rates go up, economic activity gradually slows.
The Fed hiked... and the Treasury market threw up all over it, flattening the curve over 10bps in the last 16 hours (to 9 month lows).
In the aftermath of the Fed's first rate hike, SocGen's famous skeptic and "Ice Age" deflationista, Albert Edwards, who formerly called Alan Greenspan an "economic war criminal", unloads on Yellen and says that not only is the Fed's hike too late,...
It appears the "what the market missed" that we detailed earlier - This sets the Fed on a collision course with the market because "with the market pricing fewer hikes than the Fed suggests, someone is going to end up being wrong," - is starting to f
The era of easy money in the world's major economies isn't close to being over.
Early last month, we noted that something very strange was happening off the coast of Galveston, Texas.
Screw Uncle [Sam]. We are in the business of building cars that must be appealing to our customers. If that means the cars are not "compliant" with the government's endless laundry list of demands so be it. How long before others do something similar
The lifting of the U.S. ban on oil exports might actually make imports more appealing.
The Federal Reserve has just declared that it will no longer bail out failing banks. This is one of the key precursors to the coming systemic debt collapse that's mathematically inevitable.
The argument that the Fed should do nothing - for it will be harder to correct a rate rise than to do nothing - because there is no bubble anywhere, demonstrates that we have the most serious BUBBLE in history.
They are going to layer their post-meeting statement with a steaming pile of if, ands & buts. It will exude an abundance of caution and a dearth of clarity.
Taking The Temperature Of The U.S. Economy. Is It Healthy? ... Seven years ago, the Federal Reserve cut interest rates to zero. David Greene talks to David Wessel of the Hutchins Center at the Brookings Institution about what impact this has had on t
Hedge fund investors can use reinsurer trade to offset risks Greenlight Re has dropped 45% this year, helping short sellers
Fed monitoring `actual and expected' progress on inflation Officials see economy warranting `only gradual' increases
The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans.
To get insight into how to thrive in our fast-evolving economy, I spoke recently with Andrew Karpie, a research analyst at Azul Partners/Spend Matters. He covers the ways in which technology is changing how enterprises find and procure their continge
Janet Yellen will increase interest rates for the first time in nine years on Wednesday.
After several months of significant reserves liquidations by China (specifically by its Euroclear proxy "Belgium") which tracked the drop in China's reserves practically tick for tick, in October Chinese+Belgian holdings ...
If we really are plunging into a deflationary global financial crisis, we would expect to see commodity prices crash hard.
Dec 11 - Close
Why There Will Soon Be A Riot In The Casino
Give Me Only Good News! "It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so." (Attributed to Mark Twain)
A paper written by Zachary Feinstein discussing the economic consequences of blowing up the Death Star has been making the rounds on social media.
The once-strong middle class no longer dominates America.
Brace for a wave of defaults in the oil patch.
Following last night's unexpected inventory draw reported by API, DOE reported an even bigger draw of 3.568 million barrel (against expectations of a 1.3mm barrel build).
Following last night's unexpected inventory draw reported by API, DOE reported an even bigger draw of 3.568 million barrel (against expectations of a 1.3mm barrel build).
Think 2008
In one of our recent updates on the weakness in the manufacturing sector we have mentioned the surge in the sum of charge-offs and delinquencies of commercial and industrial loans at US banks (hat tip to our friend BC, who inspired the chart below).