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'Helicopter Money' Is On Its Way To Japan... Or Is It?
Thursday, July 14, 2016 - 10:46am | 258Read More...According to Bloomberg, there is close to $10 trillion worth of bonds yielding less than zero and more than $6 trillion of the total is Japanese government debt. Meanwhile, Japan's Prime Minister Shinzo Abe was told by an adviser Etsuro Honda that "now is the time to introduce helicopter money." "...
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The 'Fab Four' Economic Meeting Is Thursday: What To Know
Thursday, April 7, 2016 - 3:30pm | 594Read More...For the first time ever, the four living U.S. Federal Reserve Chairs, Janet Yellen, Ben Bernanke, Alan Greenspan and Paul Volcker, will be appearing together onstage at an event hosted by the International House. The world will be watching closely to see what these economic leaders have to say...
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Bernanke Questions China's Transparency
Tuesday, March 8, 2016 - 3:01pm | 395Read More...In a new blog post, former Fed Chair Ben Bernanke discussed China’s efforts to expand the transparency of its economics. Bernanke complemented the emerging market leaders on their increasingly clear explanations of their major policy initiatives. However, Bernanke sees two areas in which...
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Ben Bernanke Sees Serious Problems With Bitcoin
Thursday, November 19, 2015 - 3:23pm | 637Read More...Speaking to Quartz, former Fed Chairman Ben Bernanke said that Bitcoin "has some serious problems." Bitcoin's value peaked at $1,147.25 on December 4 and crashed to a low of $177.28 just a few months later. Bernanke suggested that Bitcoin has yet to establish itself as a...
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Ben Bernanke: Productivity Is What's Ailing The US
Monday, October 5, 2015 - 9:23am | 379Read More...Ben Bernanke, the former Fed Chairman, told CNBC that slow productivity growth is weighing on the U.S. economy. Bernanke added that additional capital investment is needed to spur further growth. Shares of the SPDR S&P 500 ETF Trust (NYSE: SPY) remained higher by 0.6 percent following...
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A Duel In China: The Government Vs. The Markets
Friday, July 10, 2015 - 2:20pm | 975Read More...The Chinese Communist Party has taken aggressive measures to combat its decline in the nation's stock market, which had shed about a third of its value in less than a month. First, the country's government attempted to stem capital flight by freezing the holdings of any shareholder with over a 5...
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Ben Bernanke Asks, 'Why Are Interest Rates So Low?'
Tuesday, March 31, 2015 - 1:35pm | 393Read More...Economist and former chairman of the Federal Reserve, Ben Bernanke has started writing an official blog on Brookings to relay his views on various economic and financial issues. For his first discussion, Bernanke asks, "Why are interest rates so low?" In today's world where...
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David Einhorn Gives His Opinion On Bernanke, Yellen And Monetary Policy
Wednesday, May 7, 2014 - 1:45pm | 377Read More...David Einhorn, speaking on Bloomberg TV Tuesday, gave his opinion on the Federal Reserve. Einhorn had the opportunity to dine with Ben Bernanke last month. "I'd been critical for a very long time," said Einhorn regarding Bernanke. One of Einhorn’s concerns is that interest rates have been at...
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Economic Collapse Status Report: It's Still Not Time
Tuesday, April 1, 2014 - 4:32pm | 603Read More...A funny thing happens when a person makes a prediction. Those who get it wrong are usually forgiven; because who can predict the future right? At the same time,those who are right often are given undue credit. When it comes to stock market prediction machine Peter Schiff, publisher of the...
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Defending The Indefensible: Flash Trading Helped Save the Stock Market
Tuesday, April 1, 2014 - 4:01pm | 1077Read More...In his latest book, Flash Boys, Michael Lewis contends the stock market is "rigged" in favor of institutional investors who buy and sell securities rapidly with computer programs, booking loads of tiny profits. This is at the expense of the individual investor, Lewis claims. Actually, it is the...
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Janet Yellen's Testimony Makes A Good First Impression With Analysts
Wednesday, February 12, 2014 - 8:29am | 728Read More...Janet Yellen made her first congressional appearance as Chair of the Federal Reserve on Tuesday, testifying on economic policy issues before the House Financial Services Committee. And she appeared to make a strongly positive first impression. Her cordial approach, along with her signaling of...
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Janet Yellen Expresses Optimism, But Says Economy Is Not 'Close to Full Recovery'
Tuesday, February 11, 2014 - 4:02pm | 560Read More...As testimony continued in a manner one blogger described as a "remarkably slow cadence," incoming Federal Reserve Chairwoman, Janet Yellen, told Congress Tuesday that the central bank remains optimistic on the economy and was determined to retreat from its stimulus program slowly. In prepared...
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Ben Bernanke's Eventful Years at the Fed
Friday, February 7, 2014 - 4:50pm | 1228Read More...When Ben Bernanke succeeded Alan Greenspan as chairman of the Federal Reserve Board in February 2006, the economy seemed to growing smoothly. Unemployment was under 5 percent. Little did the former Princeton economics professor know what was to befall him. Within 18 months, it became clear a...
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Euro Slips After Fed Decides To Continue Tapering
Thursday, January 30, 2014 - 8:27am | 299Read More...The euro lost some ground on Thursday morning after weak data from the eurozone added to evidence that the European Central Bank would be forced to intervene in order to prevent deflation. The common currency traded at $1.3616 at 7:30 GMT as speculation that the Mario Draghi and his peers would...
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#PreMarket Primer: Thursday, January 30: Fed Cut Stimulus By Further $10 Billion
Thursday, January 30, 2014 - 8:03am | 1237Read More...Despite the emerging markets sell-off, the US Federal Reserve decided to cut its monthly asset purchase program by another $10 billion in February, bringing the total monthly spend down to $65 billion per month. The decision was backed by improving economic data which the bank believes will be...
















