The collapse in Government Bond Yields during May was a clear signal that investors are afraid the stock market may be headed significantly lower. The
Richard Duncan
Recent Posts by Richard Duncan
When the crisis of 2008 began, the Reserves that commercial banks hold in their accounts at the Fed soared from $21 billion in 2007 to
With the US-China trade war heating up, it is important to understand what is at stake. This blog post provides a list of the most
The new Macro Watch video describes the enormous windfall profits the US Government and, therefore, US taxpayers earn as the result of Seigniorage every year.
As recently as 1969, US savings were sufficient to fund all US debt. How things have changed. Last year, the US had only enough savings to finance