Recent statements from senior government officials suggest that Russia may be headed for a period of recession.
According to The New York Times, large financial institutions may not be as forthcoming about their risky investments.
As for the results themselves, the impact on bank stocks isn’t terribly surprising. Most of the members of the FOMC, including Chairman Ben Bernanke, concluded that more support was needed to spur economic and employment growth.
According to various media reports, the Japanese central bank will be launching a massive monetary easing program that will effectively double the yen-denominated money supply within the next two years.
Most troubling is the revelation that, of those who participated, 0 percent of respondents said they plan on hiring.
Since the Federal Reserve began expanding its quantitative easing program in late 2012, lawmakers in several U.S. states introduced legislation that would recognize gold and silver bullion, or coins, as a form of legal tender.
As we have reported previously on this blog, the drought that began several years ago has resulted in billions of dollars in losses for farmers throughout the nation, and has led to consumer price increases across the globe.