Yellen: Still uncertainty about when Treasury will run out of cash
NIIGATA, Japan, May 12 (Reuters) – Treasury Secretary Janet Yellen said there was still uncertainty about exactly when Treasury would run out of cash to...
Yellen Doubts Biden Administration Can Avoid Default Without Congress
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America’s fiscal comedy has never been so deadly serious
In this file photo taken on March 17, 2023, US President Joe Biden and US Speaker of the House Kevin McCarthy, Republican of California, depart...
Debt in advanced economies piles on to global challenges, says World Bank president
David Malpass, president of the World Bank Group in Washington, DC, on April 13, 2023 Bloomberg | Bloomberg | Getty Images Developed economies across the...
Gold Looks ‘Best Hedge’ as Debt-Ceiling Angst Builds, RBC Says
(Bloomberg) — Mounting fears over the US debt-ceiling crisis will benefit gold as investors brace for potential chaos in financial markets, according to RBC Capital...
The Dynamics Driving the Dollar Down
This article examines the currency imbalances between US dollars and the other currencies and concludes that should foreign holders decide to reduce their dollar exposure,...
Yellen Is Wrong: The Debt Ceiling Presents No Constitutional Crisis
A few days ago, Treasury Secretary Janet Yellen stated that adhering to the debt ceiling would produce a “constitutional crisis.” Her statement, however, reflects her...
Yellen Says Only Good Outcome Is Congress Raising Debt Ceiling (US CDS Remains Elevated As Child-like Biden Refuses To Negotiate The Debt Ceiling) – Confounded Interest – Anthony B. Sanders
Treasury Secretary Janet “The Evil Hobbit” Yellen is a Statist. She can only think of an all powerful central government calling the shots since the...
UMich Inflation Expectations Haven’t Been Higher Since 2008; Headline Sentiment Slumped In May
After last month’s massive jump in 12-month inflation expectations, analysts are hoping the this morning’s preliminary May data from UMich’s consumer sentiment survey shows some...
Why Future Returns Could Approach Zero
What if I told you that future returns could approach zero? Such seems hard to believe, considering young investors piling back into the markets since...