World Mints Sees Unprecedented Demand For Silver Coins In 2013 (Dec 2013)

silver_ingots

Source: Forbes – World Mints Sees Unprecedented Demand For Silver Coins In 2013

Notable excerpts:

The sharp drop in the price of gold and silver in early 2013 unleashed a wave of pent up demand, which was clearly seen in the sale of silver coins.

Continue reading

Advertisements

Treasury Yields Reach Two-Year High on Outlook for Fed Tapering (Jan 2014)

us_iou

Source: Bloomberg – Treasury Yields Reach Two-Year High on Outlook for Fed Tapering

Notable excerpts:

Treasury 10-year yields reached the highest level in more than two years on speculation the U.S. economy will improve enough for the Federal Reserve to end bond purchases in 2014.

Continue reading

Japan Wages Pressured by Fastest Inflation Since 2008 (Dec 2013)

BOJ

Source: Bloomberg – Japan Wages Pressured by Fastest Inflation Since 2008

Notable excerpts:

Japan’s inflation accelerated to the fastest pace since 2008 last month, bringing the rate closer to policy makers’ target while threatening to erode household spending power unless employers boost wages.

Continue reading

After the Taper: The Fed’s Non-Plan Is Unchanged

inflation

Source: Mises.org – After the Taper: The Fed’s Non-Plan Is Unchanged

As an economist, it is getting more difficult to understand the logic underlying current monetary policy in the U.S. There are two main channels by which economists think monetary policy can influence growth and employment. The first is to lower interest rates to spur investment and consumption spending. The second is to induce inflation so real wages drop, spurring output and employment.

Continue reading