An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
Financial markets are bracing for what could be another momentous week, with a Federal Reserve meeting, U.S. employment data and earnings from technology heavyweight...
The strong message I continue to get from my household surveys is that many households feel trapped in the jaws of ever higher prices,...
Two opposing points of view currently exist, in tension to each other. Some argue the Central Bank Stimulus, QE and low rates will drive...