Author: Financial Sense

Europe’s Leaders Prepare for Crisis

Europe’s Leaders Prepare for Crisis This year will prove decisive for the eurozone. Between March and September, the Netherlands, France, and Germany will hold general elections whose outcomes will help determine the future of Europe’s common currency. Italy, too, may hold...

2017: Euphoria…Then Panic

2017: Euphoria…Then Panic The following is a summary of our recent interview with Clif Droke, which can be listened to on our site here or on iTunes here. The stock market should see positive gains this year followed by a possible crash in...

Saving Retirement

Saving Retirement by Jeffrey D. Saut We have often written that when everyone is asking the same question, it is usually the wrong question. However, I have also found the converse to be quite true – if no one is...

At Last——Even The FT Says Fed on Ropes as Yellen Seeks to Fend off Trump Blows

At Last——Even The FT Says Fed on Ropes as Yellen Seeks to Fend off Trump Blows

After a fusillade of excoriating and in many ways unprecedented attacks on the Federal Reserve by the Republican presidential candidate, Janet Yellen, the US central bank’s chair, finally hit back. Ms Yellen last Wednesday dismissed as emphatically wrong Donald Trump’s claims that she and...

The Problem With Helicopter Money

Helicopter money requires central banks to make choices they cannot make while undermining their independence and inflation-targeting mandate. Attempts at explicit fiscal coordination may not be feasible and may create unresolvable conflicts between central banks and political governments. In the...