While spending 16 years as the Chief National Security Analyst on the House and then Senate Budget Committees, Mike Lofgren, furnished with top security clearance, began to visualize an invisible power structure running the U.S. government.
Gold prices fell back to yesterday's 5-week low at $1308 per ounce lunchtime Wednesday in London, dropping hard from a tight overnight range as Western stock markets rose.
Well-known Hong Kong investor and money manager Puru Saxena joins the Financial Sense Newshour and explains how one of history’s largest bubbles is at the mercy of the Fed.
China’s Real Estate Bubble Is 10 Times Worse Than the US Real Estate Bubble
Jeffrey Saut, Chief Investment Strategist for Raymond James, explains how those citing Fed liquidity as the only driver of U.S. stocks are failing to recognize a much larger and unstoppable trend: an “American industrial renaissance.”
US Weakness Pushing Japan, Israel and India to Become More Assertive
As the tentacles of the central planning octopus reach ever more forcefully into more corners of the economy, the free market is inevitably in retreat. But nobody seems to notice or to care.
The market is now waiting for Janet Yellen’s first news conference as the Fed Chairwoman this afternoon. The weak start to the Q1 earnings season with underwhelming reports from FedEx (FDX), Oracle (ORCL) and General Mills (GIS) will also attract some attention.