RIP Mr. Volcker… Some Thoughts

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…

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99.5% Rate Cut Today T-minus 4 Hours

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…

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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…

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Rate Cut Probabilities Have Dropped Significantly

While a majority of wise guys still expect the Fed to cut the Funds Rate tomorrow, the percentage has dropped significantly, from what I seem to remember as near-unanimous in…

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CME Group Rate Cut Probabilities

Da boyz on da CME is still cuttin' da rate... 93% say 1/4 point in September. That one seems - and is - rather obvious. October has 56% of the…

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Okay Speedreaders…

[edit] Spoiler... nothing new under the sun other than the last line they slipped in... "The Committee will conclude the reduction of its aggregate securities holdings in the System Open…

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