Does Dina Titus Support Wild Speculators?

As I articulated in a previous commentary, if the Fed stays loose to prop up the bond market, this will only undermine the bond market.  In real terms, the bond market tanks.

Now the Fed might be able to prop up the bond market in nominal terms, but what this will do is precipitate . . . → Read More: Does Dina Titus Support Wild Speculators?

Dina Titus’ Mistake

As I articulated in my last commentary, artificially low interest rates brought on by loose monetary policy (i.e. the FOMC) causes capital to flow outward.  Tightening – while sending interest rates upwards and exposing insolvencies outright – reverses this and capital flows back into the system, consequently lowing the natural rate of interest.

Dina Titus’ . . . → Read More: Dina Titus’ Mistake