Apple reveals other FBI demands for iPhone unlocking around US
SAN JOSE, Calif. — Reinforcing Apple’s argument that an FBI request for the company to unlock an iPhone in the San Bernardino terror probe could unleash repeated demands for help in other cases, newly released documents show that the Silicon…
Negative Interest Rate Policy & The War On Cash
Negative Interest Rate Policy & The War On Cash by Gary D. Halbert FORECASTS & TRENDS E-LETTER by Gary D. Halbert February 23, 2016 IN THIS ISSUE: Negative Interest Rate Policy is a Sign of Desperation Why NIRP is Not…
Is Chinese economy going to collapse?
Chinese economy is experiencing difficulties which are not unique to China but almost every country in the world is facing an economic slowdown under current global economic situation. The US has experienced 47 recessions since 1790. The 1929 crash of…
Whether Fear Or Pride Prevail As The FRB Contemplates The NIRP No-Mans-land
Karen Shaw Petrou’s memorandum to the Federal Financial Analytics clients on whether fear or pride prevail as the FRB contemplates the NIRP no-mans-land. TO: Federal Financial Analytics Clients FROM: Karen Shaw Petrou DATE: February 19, 2016 Whether Fear Or Pride…
Japan’s Negative Rate Experiment: The Biggest Losers
Japan’s Negative Rate Experiment: The Biggest Losers Last week the Bank of Japan published detailed estimates of the distribution of Japan’s banks’ reserves under the new three-tier system. The figures show that this interest rate regime imposes a disproportionately heavy…
This politician’s programmed thinking is exactly why Bernie Sanders is appealing (VIDEO)
Politicians like State Rep. Todd Rutherford (D-SC) hurts the progress of many While perusing my news feed this morning with the news at a much lower decibel than normal, I heard this politician who said that it was a cinch…
High Yield: Could the 2008 Crisis Repeat Itself?
Does the recent stress in high yield mean we’re headed for another financial crisis? We don’t think so. The probability of anything happening in markets is never zero. But in this case, it’s pretty close. We understand why investors are…
The growing life-expectancy gap
Researchers have long known that the rich live longer than the poor. Evidence now suggests that the life-expectancy gap is increasing, at least here the United States, which raises troubling questions about the fairness of current efforts to protect Social…
‘Woe Is Us’: U.S. Growth Scenarios for Dynamism — or Decay
The vitriolic public discourse in this presidential election season puts the United States at the crossroads of critical economic and political choices that will drive the direction of the economy for decades. Those choices will mean “the difference between stability…
The inequality puzzle
Over the past decade, income inequality has come to be ranked alongside terrorism, climate change, pandemics, and economic stagnation as one of the most urgent issues on the international policy agenda. And yet, despite all the attention, few potentially effective…