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 system to perfection. Click headline,…
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…
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 per the red arrows) and…
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…
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 to avoid disaster (ref. last…
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…
Finding myself with a little time to look at the market today, it is almost comical how well this robot is following instructions. Since it broke above resistance in the…
I am not a bond trader or stock market analyst by original profession. Until 2004, when I became a public market writer and especially 2008, when I began to work…
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…
The NFP report was considered just right by Goldilocks. Not too hot (that's for sure), and not too cold. But is it cool enough to roll the Fed over on…