My Friends [w/ edit]

[edit] With his permission I include a picture of one of my buddies texted to the group, obviously not overly pleased with a certain restriction. I've criticized Trump for years.…

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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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Saville: De Facto MMT

He's one of the smart ones, without any of the promotional stink stuck to 90-something % of the financial media, large or small. Check out Steve Saville's view on MMT,…

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QE up, Yield Curve down

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 not using the words "panic"…

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NFTRH; and on cue, the package

Before the update I want to make a correction. A subscriber kindly corrected my error in reporting Zoom under the symbol ZOOM, when the correct one, per the report segment…

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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 Operation Twist and that they…

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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 the US relative standing in…

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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) while the other, the US…

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