FOMC: It’s a Keynesian system, after all

Pre-FOMC, the market is "on edge" Why of course it is! The markets are on edge before the Federal Reserve’s policy update in the face of surging inflation The fact…

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New York Fed: Op/Twist (lite)?

New York Fed announces new Treasury bond operations Operation Twist, concocted in 2011 by Ben 'Big Brain' Bernanke came about with all sorts of egghead theorizing about its mechanics, effects…

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Druckenmiller Speaks

Druckenmiller on the Fed's excesses & USD A lot of these media stars are clowns. You know I think that because you see me make fun of them and use…

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FOMC 3,2,1: Speed Readers Take Your Marks…

FOMC is out. Here's the release from the latest meeting of the eggheads, hot off the press... The Federal Reserve is committed to using its full range of tools to…

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FOMC Statement…

The March FOMC statement is out and now speed readers can try to beat the machines at their own game (hint: don't try) These eggheads have something to tell you…

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FOMC Translated

The FOMC Statement December 16, 2020 Federal Reserve issues FOMC statement For release at 2:00 p.m. EST  The Federal Reserve is committed to using its full range of tools to…

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Sometimes I crack myself up…

Mr. Powell, with respect to asset purchases just said "we can do various things; make it smaller, make it larger..." That gave me a good laugh because Powell just nailed…

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Fed Rules Out Yield Curve Control (for now)

That we are even having this conversation is proof that we are and have been in... ...Wonderland for years now. Since at least 2001, actually. Back then Alan the Wizard…

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