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05.02.26 - 03:01
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Japanese Market Modestly Higher (AFX)
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TOKYO (dpa-AFX) - The Japanese market is modestly higher on Thursday after opening in the red, reversing the losses in the previous session, following the mixed cues from Wall Street overnight. Th......
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05.02.26 - 02:18
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Run It Hot: Trump, The Fed, & The Coming Currency Debasement (ZeroHedge)
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Run It Hot: Trump, The Fed, & The Coming Currency Debasement
Authored by Nick Giambruno via InternationalMan.com,
The Trump administration has made no secret of its desire to push the monetary easing pedal to the metal, even as the engine is already near the red line. They intend to push the system as hard as possible today and worry about the consequences later. One reason may be to inflate the stock market ahead of the 2026 midterm elections.
There are several indicators that the Trump administration intends to run it hot in 2026.
The first — and most important — is that Trump will likely succeed in consolidating control over the Federal Reserve.
Jerome Powell's term as Chair of the Federal Reserve is scheduled to expire in May 2026, allowing Trump to appoint his replacement. Powell attempted — largely unsuccessfully — to resist Trump's pressure for easier monetary conditions.
I expect Trump will get his way with the Fed in 2026, and that the central bank will bend to his demands. ...
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