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Fed a Creature of Financial Markets; The Draghi PUT; Global Crisis Coming Up

MishTalk

It has now taken the first step toward returning its benchmark policy interest rate – the federal funds rate – to a level that imparts neither stimulus nor restraint to the US economy. The crisis and recession of 2008-2009 was far worse than its predecessors, and the aftershocks were far more wrenching.

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More Currency Intervention Madness: Sweden Draws Line in Sand with Euro

MishTalk

With a benchmark interest rate already at an historic low of minus 0.35 The Krona is right where it was between 2004 and 2008 before it weakened dramatically. The prediction follows a Dec. 30 warning from the central bank that it’s ready to act if persistent krona strength gets in the way of its 2 percent inflation target.

Banking 28
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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

2008 was when the split came, and Booz Allen Hamilton (parent company) divided in 2. 2004 – 2013. Marc Gerencser, managing director, noted in 2007 that returning to being a private firm allowed Booz & Company to make long-range investments that they may not have otherwise been able to make. What about lifestyle?

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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

And if lending rates were to rise by 250 basis points, in line with the 2004 tightening episode, the necessary reductions in credit-to-GDP ratios would swell to over 25 percentage points on average. In China, credit-to-GDP ratios would have to fall by more than 60 percentage points.