"We can't know exactly what valuations would be in the absence of these most extraordinary interventions but I think we would have a very different financial landscape."
"Yellen described how the Fed's rate-setting policy committee will likely proceed in coming months - first by removing the word "patient" in describing its approach to rate hikes, then entering a phase in which rate hikes are possible at any meeting."
In fact when I look at the bond chart above what I see is something that has gone into a parabolic climatic style rally in 2014.
This is three minutes of truth telling out of 24 hours of banality. And watch bubble girl reply - and then pay close attention to Roach's body language in response.
While CNBC analysts and "economists" have predicted that the Fed will raise rates by mid-summer, because "everything is awesome" to quote James Cramer, in reality financial markets are not buying that bet.
Mr. Flassbeck, former head of UNCTAD, says current economic policy is heading back to the 1930s, a race to the bottom, they have no solution at all, we will end up again in trade wars or other wars.
Fed official says Fed should consider delaying end of QE.
The stock market falters and the Fed is ready to give Wall Street and the investment herd now in the market what they want.
"This is an unprecedented period in monetary history. We've never been through this. We really cannot tell how it will work out."
The stock market is dropping and just a few down days is enough to get Wall Street bankers to push for more dovish talk and actions from the Fed.
If you read today's Fed statement for yourself you'll find yourself wondering if they will ever raise interest rates.
“Even when they talked about it a year ago that happened, and so the consequences of changing at this point are serious and every time they start yielding to the pressure to change, they come up against the constraints. There may not be a good way out of that box.”
This is a story that simply is not fit to be on CNBC, although it is on the Time magazine website. It is titled "A Global Financial Guru Who Predicted the Crisis of 2008 Says More Turmoil May Be Coming."
How central banks hide the true costs of war and the narrow segment of society benefiting from the “jobless recovery.”
What CNBC wants is for people to believe in the stock market no matter what to the benefit of its advertisers. So the producers played a game.
After Ms. Yellen became the nation's top banker, her security detail moved into a rented townhome down the block from hers. They mounted on the roof a camera that looked like a streetlight on an interstate and proceeded to monitor—and disgust—the neighbors.
The idea is to slap fees on people who sell out of US Treasury bonds or corporate bonds and thereby simply keep them trapped in the bond market forever.
By 2003 forty-percent of corporate profits were generated in the financial sector. Banks became dependent on government action for their profits and used much of the money that they made to fund the campaigns of politicians to keep the action going.
There are two types of capitalists and business people. There are those that produce and those that suck the life out of others in a form of reverse socialism.
I find it interesting though that she does not know what to call our system of political and economic order.
Alan Greenspan appeared on CNBC yesterday and declared that his monetary policies had nothing to do with the financial crisis of 2008.
Stockman talks about the connection between debt and leverage, whether we have more to fear from public or private debt, and whether our economic system embodies crony capitalism.
This is Steve Liesman today again on CNBC talking about how the Fed may announce end to the the "taper" due to the weather!
Obama declared that he is going to make this a "year of action" in last nights State of the Union speech.
You have a class of people who have benefited from Federal Reserve money printing operations and people who are suffering from them.
Former Reagan budget director David Stockman on why Paul Krugman is wrong on the deficit and on monetary policy, how the Fed enriches and impoverishes, and where the U.S. economy is likely to go.
I have said many negative things about the Federal Reserve over the years. I have stated many times that Federal Reserve policy has helped to wreck the economy and cause harm to the American people.
The Federal Reserve money printing operations have been a disaster for the United States. They led to the internet bubble, housing bubble, and 2008 stock market crash. Now they are helping fuel a dangerous federal government debt bubble.
The die is now cast. The United States is going bankrupt in a few years. Republican leadership sold out in order to give MORE money to defense contractors that own them - even reducing the pensions of veterans to do it and making a bipartisan deal to allow Dems to fund their social programs with more of your money.