While we await the final details of the fiscal policy panic from government, the Fed announced unlimited QE in its monetary policy panic. I am
Tag: fed
Protected: NFTRH; and on cue, the package
There is no excerpt because this is a protected post.
Repo market goes nuclear!
Fed unleashes Bazookas… Thanks to friend and subscriber Michael Pollaro for sending this video. 1.5 Trillion in term repos… but there’s more! The host mentions
Give That Man a Banana!
In fact, it’s bananas all around! Bananas for you. Bananas for me… Trump wants the US dollar lower. Period. The currency is one measure of
Both Horsemen Riding South After Fed Rate Cut
Amid Friday’s carnage we noted that curiously, only 1 Horseman (the Gold/Silver ratio) was riding northward (although it had made a reversal from the highs)
And… the Money Shot: Fed Cuts .5% to No One’s Surprise
Of course, we knew it was in the bag the whole time. But today the Fed plays its role of hyper-sensitive micro-manager of the leveraged
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
Jerome? Hello? Bond Market Calling…
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
COVID-19, the Exogenous Event That Became an Economic Event
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.
“We will use those tools…”
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
The Fix is In, Because it’s Always In *
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.
Wooing Inflation
The Continuum (the systematic downtrend in long-term Treasury yields) has for decades given the Fed the green light on inflation. Sometimes it runs hot (as
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
Blow Off Top?
Clicking the headline yields you an [MSM] article highlighting blogger Charles Hugh Smith’s view about how this is a blow off, as the Fed QEs