Both China and Russia play hugely important roles in the global economy. Both face economic sanctions from the United States. And both are eyeing long-term strategies..
Now, as to whether or not the Fed will be able to catch up to the curve in any reasonable time frame, that’s another question altogether. It looks daunting, and I think the Jawbones know it.
The Federal Reserve's increasing dependence on the high-risk strategy of using massive amounts of overnight reverse repurchase agreements (reverse repos) as the long-term source of funding for the national debt.
There's a lot of misunderstanding and misinformation floating regarding rising interest rates and gold prices. Let's take some time today to try to clear things up.
