General Market Commentary – Thu 16 Mar, 2017

Dr. Jim Little discusses the rate hike announced yesterday.

The Fed announced a 25 basis point rate hike yesterday and we discuss this with Professor Jim Little.


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Al KorelinCory FleckJim Little

  1. On March 16, 2017 at 8:27 pm,
    Dick Tracy says:

    Lets look at what happens when The Fed Increases the cost of borrowing money, The US has a debt to service of 20 trillion dollars, not counting unfunded liabilities. One quarter point seems miniscule and ordinarily it would be if you were a creditor nation. But this is an unhappy predicament.
    Speculation is clearly absorbing the country’s funds. As time goes on the inflation of credit is becoming more dangerous. Just look at the bubbles in government spending, the stock market and housing to name a few. The normal course for The Fed at this time is to raise rates a classic textbook maneuver. That is done to reduce speculation and reduce the volume of credit outstanding. Do speculators care if the stock market keeps rising, of course not they are willing to pay more as long as prices keep on mounting.
    Things have now come to a point where they are running a huge risk of bringing about a terrific smash in the marketplace and also hamstringing legitimate business by making them pay a higher rate for funds. Then there is the debt bomb which the government is forced to service with more money so that it can continue to operate. Not a very pretty picture. To me this will not end up in a recession but a deflationary depression. DT

  2. On March 16, 2017 at 9:08 pm,
    CFS says:

    Indian Gold demand increases:

  3. On March 16, 2017 at 9:14 pm,
    CFS says:

    Indians bought 96 tonnes of gold in February 2017. Three times normal buying rate!

  4. On March 16, 2017 at 9:42 pm,
    CFS says:

    Currently in the US 23 percent of students live in immigrant households:

    The distribution is most concentrated in the South and West.

  5. On March 16, 2017 at 10:12 pm,
    CFS says:

    Greg Hunter News Wrap 3/17/17