Progressive Radio Network

Federal funds rate

Americans are living right on the edge — at least when it comes to financial planning. Approximately 62% of Americans have less than $1,000 in…
Sure, last year was the first pre-election year stock market loss since the Great Depression.  And admittedly, this week was the worst opening week of…
In my column on Friday I reported the unreported facts in the payroll jobs report. http://www.paulcraigroberts.org/2016/01/08/another-fabricated-jobs-report-paul-craig-roberts-2/ If we choose to believe the report, it is…
The risk of the global economy being battered by a “perfect storm” in 2016 has been highlighted by the World Bank in a flagship report…
The move raises critical questions about the global economy for 2016, already slowing significantly since 2014. Further global slowdown is now almost certain in 2016…
The latest signs of an improving economy were good enough to help persuade the Federal Reserve to raise interest rates for the first time in…
Economic forecasting is a mug’s game. One thing that has been learned from the financial crisis and Great Recession is that even those equipped with…
After an initial rise following the decision by the US Federal Reserve to lift interest rates by 0.25 percentage points on Wednesday, stock markets around…
Everyone has seen the chart of "Total Credit Market Instruments", which as of its most recent update on March 31, 2015, was just over $59…
Yet again, the long-suffering public is subjected to what passes for a leader during the crisis engaging in image-burnishing, in this case, Bernanke via an…
Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity…
The financial markets have been through some wild and crazy times over the last two weeks, although it appears that they have finally stabilized. The…