Fed

Emerging markets to be hot commodity in 2018?

Workers make bicycle parts at a factory at Ludhina in the Indian state of Punjab. India remains one of the strongest emerging market performers, analysts agree [Xinhua]
Investments in emerging markets have been on the rebound in the past 18 months soaring to new levels despite the dollar and oil prices fluctuation, and look likely to continue their upward climb in the coming year.

Trump on Fed chair: Status quo vs radical shift

Markets are speculating that Trump will choose a Fed chief who will not upset the current policies of the Federal Reserve [Xinhua]
Emerging markets are hoping that US President Donald Trump will pick a replacement for Federal Reserve chief Janet Yellen, whose term as chair expires in February 2018.
While she will remain on as Fed governor until 2024, and will be one of five candidates for Trump to choose from, economists in emergint markets are betting that Trump could sway toward Fed Governor Jerome Powell, who is seen as being more dovish than Yellen.

The Federal Reserve Made a FB Post About Avoiding Scams… And It’s Getting Destroyed by Trolls

(ANTIMEDIA) — Last August, the Federal Reserve came face-to-face with an army of trolls when it launched a public Facebook page, but whoever runs their social media doesn’t appear to have learned much from the debacle. Last week, the loathed central bank attempted to advise its followers on detecting scams, and it didn’t go well.

Ron Paul: Janet Yellen is a False Prophet of Prosperity

(RPIFederal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis “in our lifetimes.” Yellen’s statement should send shivers down our spines, as there are few more reliable signals of an impending recession, or worse, than when so-called “experts” proclaim that we are in an era of unending prosperity.

Ron Paul: We Must Declare Independence

(RPIAs Independence Day comes around again we should spend a few moments between barbecue and fireworks to think about the meaning of independence. The colonists who rebelled against the British Crown were, among other things, unhappy about taxation. Yet, as economist Gary North points out, the total burden of British imperial taxation was about one-to-two percent of national income.

Why the Fed Hasn’t Been Audited Even Though Most Americans Want it to Happen

(RPIAudit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight and Government Reform. This means the House could vote on the bill at any time. The bill passed by voice vote without any objections, although Fed defenders did launch hysterical attacks on the bill during the debate as well as at a hearing on the bill the previous week.