Powell Cuts, Trump Throws a Twantrum [w/ edit]

[edit] I may have misspoken in the post below. If my hazy memory serves I think I remember something about Powell not being a formally trained economist. But it does not alter the post’s points in the least. Jerome Powell is a trained economist. He presides over a committee of trained economists. Now, you may know that I don’t value the term “trained economist” much … Continue reading Powell Cuts, Trump Throws a Twantrum [w/ edit]

Okay Speed Readers, Ready… Set… Knee Jerk!

Actually, the post title was written before the release. So I have no clue what comes next. Just assuming, as I get the post ready to be Johnny on the spot the moment the meeting notes are released. [Quick edit] Nothingburger… Information received since the Federal Open Market Committee met in July indicates that the labor market remains strong and that economic activity has been … Continue reading Okay Speed Readers, Ready… Set… Knee Jerk!

Repo, Not Repo, Repo… but no, we are not in Wonderland [w/ edit]

[edit] Thanks again to Dylan, here is more that may make your head explode (don’t let it, you are going to need it on the other side of FOMC): Repo Madness I am no expert on the Fed’s operations in the bond markets; the whats, the whys and the how to’s. I am the ‘keep the noise level down’ guy because I already know that … Continue reading Repo, Not Repo, Repo… but no, we are not in Wonderland [w/ edit]

Ratios to Gold; Updating What is Still a Counter-Cyclical View

So we have FOMC standing ready with the actual potential to rock the markets due to the split opinions of the Fed Rate Futures boyz. It has actually moderated back to a mild lean to rate cut (59% cut, 41% no cut) since this was tweeted, but it’s still a mile from the near-unanimous cut view of a few short weeks ago. That is in … Continue reading Ratios to Gold; Updating What is Still a Counter-Cyclical View

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NFTRH; Updating the Options, pre-FOMC

According to CME Group, rate cut probabilities declined yesterday to even odds from a previous reading that was near unanimous for a cut. Today it is back to 59% for a cut, 41% no cut. But the odds allow for a legitimate chance for either outcome. In NFTRH 568’s Opening Notes segment we looked at 3 options. A caveat to ongoing analysis is that change … Continue reading NFTRH; Updating the Options, pre-FOMC