One chart is all it took to move financial markets on Thursday. This chart was presented by St. Louis Fed President James Bullard as part of a presentation in Louisville, Ky., and it shows where he sees “the tight enough zone” for the main rate target director of the central bank. Bullard placed the zone …
This is the chart that rocked US financial markets on Thursday Read More »
The deepest and most liquid fixed income market in the world is in deep trouble. For months, traders, academics and other analysts have worried that the $23.7 trillion Treasuries market could be the source of the next financial crisis. Then last week, US Treasury Secretary Janet Yellen acknowledged concerns about a potential breakdown in government …
“If you think about where we are right now, the Federal Reserve Board is fighting something it hasn’t really seen in nearly four decades, and that is inflation. Inflation is a bit like toothpaste: once you take it out of the tube, it’s hard to put it back in, isn’t it?” —Paul Tudor Jones Billionaire …
