100% Rate Cut Probability
The bond market has been calling (Oh Jerome?) and while they will pretend they are operating business as usual, the Fed is listening. So too are the futures wise guys…
The bond market has been calling (Oh Jerome?) and while they will pretend they are operating business as usual, the Fed is listening. So too are the futures wise guys…
30 year Treasury yield (daily chart) is making a new low. 30 year Treasury yield (monthly chart) is way out of the Fed's implied comfort zone. Subscribe to NFTRH Premium…
Dow futures rise as China pledges to stimulate coronavirus-hit businesses China is again taking economic action as the market awaits the Fed Minutes this afternoon. The market has been mostly…
Today from Fed Chairman Powell... Powell says Fed will aggressively use QE to fight next recession Federal Reserve Chairman Jerome Powell said Wednesday the central bank would fight the next…
Not to say that Coronavirus is not a real and ongoing threat or that it will not impact economic activity. It is and it will. But the point here is…
In this post we set aside any personal thoughts about Trump and simply take him at his own words. If you believe I am wrong and decide to write me…
In for a Penny, in for a Pound I guess and so with this morning's post opening the flood gates I will state my views and tell you that if…
It's like all of we old and sort of old guys are coming out of the woodwork this week about the passing of the last great Fed chief. Yesterday we…
The worst kept secret in the financial world is that the FOMC will not be further cutting the Fed Funds Rate today. In fact, 2.2% of futures players are speculating…
Paul Volcker has passed away and that bears a few words, not to celebrate or criticize him, but to take a look at US central banking in general with regard…
Global central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor…
CME boyz predict a .25% cut today in near unanimous fashion. They ease up in December, leaving room for the Fed to surprise the market should there be some kind…
See Steve Saville's The Coming Great Inflation You should read the whole article, as Steve has studied von Mises and Austrian theory and applies his own well thought out observations…
[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…