A pack of Yellen wolves came out Friday. Two uttered hawkish comments even before Damnit Janet spoke. The words lipped by cry-wolf Janet were graded hawkish. She stated clearly (at least by her standards) that conditions for a hike were now in place.
I have agreed to contribute my articles to a new site. It is called fortuitously The New Nationalist (TNN), a name which was incredibly there for the taking, good karma. The NewNationalist.net focuses on my issues, as well as nationalist and Third Position politics.
The site is better organized, has topics neatly archived for user-friendly, easy searches and access. I love the look and format. The Disqus comment format is used. The proprietors have stronger website skills than I do, plus they bring to the table excellent material in their own right. This is perfect for me, and I invite you to bookmark, follow and explore the site.
Winter Watch (WinterActionables.com) will revert back to a subscriber-only website focusing on markets and investments. The archive will stay online here, but the more important articles will be republished over time at TNN.
Looking forward to seeing you there!
The battle of the yellen wolfs continues on. After the market ignored what had to be described as hawkish Fed minutes, the yellen wolfers immediately sent out William Dudley and SF muck mucky Williams to cry wolf and reinforce the September rate hike message. No impact though, after this followup the odds for FOMC action still stands at 15% and the ten year at 1.54%.
The Fed minutes once again brought out the yellen wolfers. The ploy utilized is a routine whereby “several participants” commented on stretching for yield, overvalued credit and equity levels.
I have lost count, but this seems like about the sixth time since the last Fed powwow that the Yellen wolfers have been rolled out to warn the punters. For Fed mucky muck Bill Dudley, generally considered a dove, this is the second time since the last meetup in July: “We’re edging closer toward the point in time where I think it will be appropriate to raise interest rates further,” says FRBNY President Bill Dudley in a TV interview, adding that a September move is possible.
In 2013, America consumed just over 45 million pounds of uranium and in the U.S. last year production was just under 4.4 million pounds.
The U.S. imports over 90% of uranium consumption. What makes this a strategic issue is the fact that 20% of US base-load power is nuclear energy. Half of this comes from central Asia. Of all uranium, 41% is produced in one country, Kazakhstan, dicey to say the least.