Modern Central Bank Mandate: Keep Assets Propped Up.

On my social media, and on my blog, I speak about the new western central bank mandate. Historically, when PRIVATE central banks were created, their mandate was the be the lender of last resort. This mandate morphed when central banks began having a more influential part in economics due to a shift from classical economics, … Continue reading Modern Central Bank Mandate: Keep Assets Propped Up.

RBNZ becomes first western Central Bank to capitulate.

Just yesterday, March.26/2019, the Royal Bank of New Zealand not only continued the dovish tone of central banks in the west, but actually admitted that the next move will likely be a CUT. We are at that point. I warned that in March time we will see central banks admitting there will be no more … Continue reading RBNZ becomes first western Central Bank to capitulate.

Boeing stock, China deal deadline? And big economic week ahead.

Boeing, Boeing and more Boeing. That pretty much sums the past week. Two Boeing 737 MAX crashes, prompted questions over the airworthiness of these planes. To a point where flyers actually cancelled their flights as they checked the plane they were going to fly pre-flight. As of today, it seems there is a software upgrade … Continue reading Boeing stock, China deal deadline? And big economic week ahead.

“Ignore the bad jobs data”- Larry Kudlow. Jobs data is “fluky”

US February jobs were expected at 180k new jobs...actual data print came out at 20k. Larry Kudlow was quick to say these numbers were fluky and that we should just ignore them... Imagine if the data print came out positive...what would Mr. Kudlow be saying. Seems like we cannot be told the truth. Financial media, … Continue reading “Ignore the bad jobs data”- Larry Kudlow. Jobs data is “fluky”