Fed Governor's Comments Are Causing Market Mayhem
Editor’s Note: In an interview with CNBC, Jim Rickards discussed wealth creation and how the Fed has caused unnecessary tightening. Click on the play button in the video above or below to watch…
By David Stockman Posted December 5, 2016
David Stockman shows you the destructive lie at the heart of all the Fed’s monetary shenanigans. Read on…
James G. Rickards is the editor of Strategic Intelligence, the latest newsletter from Agora Financial. He is an American lawyer, economist, and investment banker with 35 years of experience working in capital markets on Wall Street. He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM) by the U.S Federal Reserve in 1998. His clients include institutional investors and government directorates.
His work is regularly featured in the Financial Times, Evening Standard, New York Times, The Telegraph, and Washington Post, and he is frequently a guest on BBC, RTE Irish National Radio, CNN, NPR, CSPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal. He was contributed as an advisor on capital markets to the U.S. intelligence community, and at the Office of the Secretary of Defense in the Pentagon.
Rickards is the author of The New Case for Gold (April 2016), and three New York Times best sellers, The Death of Money (2014), Currency Wars (2011), The Road to Ruin (2016) from Penguin Random House.
By David Stockman
Posted December 7, 2016
David Stockman shows you why events last seen together in the 1930s — “a crash on Wall Street and a recession on Main Street” — are ahead. This time, the Fed won’t be able to stop them. Read on to see why…