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/Quick Point/ – China’s Interest Rate Hike Is Good for the US

By John S. Tobey

China took a positive step yesterday that will benefit not only itself, but also all those countries engaged economically with it, including the US. Here’s why… »

Bondholder Alert: Disconcerting News from the Federal Reserve

By John S. Tobey

Fed Vice Chair states the obvious. Two lessons learned: Easy money can lead to leverage and speculation Markets cannot be counted on to self-correct Wow! That reaction is not for the lessons. It’s for the admission that the Fed had to relearn them. US financial history is filled with examples. Indeed, the Federal Reserve... »

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