There are lessons from the 2008 – 09 Recession that the banking industry should have taken note of to prevent future lending errors. But it looks like those lessons were ignored, and history may naively repeat itself.
The U.S. has a long list of economic challenges, but complacency by bankers and economic policy makers is one of the most troubling. With the way complacency is going, we could potentially see a banking crisis this year.
2017 saw some crucial trends in the economy. Based on these trends, here are 4 financial predictions for 2018 and how they could potentially affect gold prices over the next 12 months.
The Federal Reserve is understaffed, and President Trump is taking his time filling seats on the Board of Governors. Could Trump be leaving seats empty on purpose?
Famed author Jim Rickards predicts gold could reach $10,000 an ounce in the long term. See why he says this is a realistic level for the yellow metal in this week’s News to Know.
Fed Chair Janet Yellen’s term expires early next year, and President Trump is in position to nominate somebody to take her place. But who is Trump’s nominee, and how will he affect monetary policy?
All monetary policy decisions weigh heavily on the Fed’s ability to monitor and manage it effectively. But lately we’re seeing the Fed pushing forward with plans to tighten monetary policy despite continual mispredictions regarding core economic indicators. Here’s why that should concern most Americans.
Top economists and market forecasters are ringing the alarm bells on the approach of our next major crisis. One even says the next crisis will be the worst of his lifetime.
Since last year, Janet Yellen has been preaching a surprisingly hawkish Fed policy gospel. But now, her comments are starting to move in the opposite direction and it should make Americans worry.
Earlier this week, Fed chairwoman Janet Yellen said another major crisis isn’t likely “in our lifetimes.” But recent comments from Minneapolis Fed President Neel Kashkari stand in stark contrast. Here’s Yellen’s outlook vs. Kashkari’s point-by-point.