Macro Report

Nomi Prins | Fed Gives Market Half a Trillion Through Repo

Interview date: January 16, 2020 Nomi Prins, author of “Collusion: How Central Bankers Rigged the World” http://traffic.libsyn.com/lphyles/vi-prins-jan-2020.mp3   SHOW TRANSCRIPT (EDITED) Albert Lu: I’m joined today by Nomi Prins, the author of Collusion. The journalist and former managing director of Goldman Sachs will be the keynote speaker at the coming 2020 Sprott [...]

By | 2020-01-29T08:48:07-08:00 January 29th, 2020|Macro Report, Sprott's Thought's|0 Comments

James Rickards | June Rate Cut Is Coming, Not Priced In

Interview Date: January 15, 2020 https://www.youtube.com/watch?v=vMa3LfsTrGc   SHOW TRANSCRIPT (EDITED) Albert Lu: I’m joined now by James Rickards. He is the author of the best-selling book Currency Wars and also Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos. We’re pleased to be welcoming James Rickards back to the 2020 Sprott Natural [...]

By | 2020-01-29T08:53:08-08:00 January 27th, 2020|Macro Report, Sprott's Thought's|0 Comments

Stocks Resume Upward Surge, While Stagnating Data Leave Bulls Little To Grab On To

By Albert Lu Eric Sprott, Chairman Emeritus of Sprott Inc. U.S. stocks jumped to record highs on Monday, with the Dow Jones Industrial Average surging more than 150 points. The S&P 500 and Nasdaq Composite followed suit, rising by 0.8% and 1.3%, respectively. President Trump expressed satisfaction, while claiming credit via Twitter: https://twitter.com/realDonaldTrump/status/1198981079723589639 [...]

By | 2019-11-27T08:43:16-08:00 November 27th, 2019|Macro Report, Sprott's Thought's|0 Comments

Danielle DiMartino Booth | Banks Have Powell’s Number Now

By Albert Lu President Trump wants the Federal Reserve to lower interest rates further. But Federal Reserve Chairman Jerome Powell sees little reason to do so. In his message to Congress on Wednesday, Powell insisted that politics play “absolutely no role” in the committee’s decisions, adding that favorable economic conditions make further rate cuts unnecessary [...]

By | 2019-11-15T15:04:37-08:00 November 15th, 2019|Macro Report, Sprott's Thought's|0 Comments

Flawed Fundamentals Won’t Fly

IF ECONOMISTS DESIGNED AIRPLANES, WOULD YOU FLY? By Albert Lu Source: https://commons.wikimedia.org (cropped) It’s a fair question. Would you? Are their models robust? Are their predictions reliable? In other words, is their science sound? Don’t kid yourself; you know the answer. I suspect even economists would refuse to fly if their colleagues designed [...]

By | 2019-01-11T14:56:53-08:00 January 11th, 2019|Macro Report, Sprott's Thought's|0 Comments

Eric Sprott: “Are We Surprised Stocks Are Going Down? We Shouldn’t Be.”

By Albert Lu Eric Sprott, Chairman Emeritus of Sprott Inc. Stocks crashed on Monday before surging back in dramatic fashion on Wednesday following Christmas. But the 1000-point run didn’t last long. The market sank dramatically again on Thursday before staging a late-session comeback in a swing that saw the Dow Jones Industrial Average [...]

By | 2018-12-31T12:36:24-08:00 December 28th, 2018|Macro Report, Sprott's Thought's|0 Comments

Markets Admonish Fed: Powell Sends Stocks Tumbling

By Albert Lu Photo Source: The Federal Reserve Federal Reserve Chairman Jerome Powell spoke and the market didn’t like what it heard. “Powell basically told you the Fed put is dead,” was hedge fund titan David Tepper’s assessment of the chairman’s prepared remarks delivered on Wednesday, following the Fed’s scheduled two-day policy meeting. “Everything is [...]

By | 2018-12-22T13:48:43-08:00 December 21st, 2018|Macro Report, Sprott's Thought's|0 Comments