“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 bank would fight the next…

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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 per the red arrows) and…

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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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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 to avoid disaster (ref. last…

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SPX: “Just Right!”… for now

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…

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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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