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…
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…
Insofar as we participate in financial markets the Fed's message is simple: Keep dancing! The moment the relief rally took its first hard pullback last week they got on it;…
A subscriber asked my thoughts on this article at Zero Hedge. The Fed Has Monetized All Treasury Issuance In 2020 From the article... “We are ruined if we do not…
Steve Saville's excellent post The monetary inflation moonshot (including the graph directly below) prompted me to go to the St. Louis Fed website and check out some COVID-era data graphs.…
The data sets at Yardeni.com are fabulous. You should keep it on watch and rummage through when you have spare time if you want to nerd out. The current backdrop…
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,…
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"…
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…
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…
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…
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…
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…