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…
![Read more about the article Powell Cuts, Trump Throws a Twantrum [w/ edit]](https://i0.wp.com/nftrh.com/wp-content/uploads/2018/10/fed.png?fit=303%2C123&ssl=1)
[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…
Actually, the post title was written before the release. So I have no clue what comes next. Just assuming, as I get the post ready to be Johnny on the…
![Read more about the article Repo, Not Repo, Repo… but no, we are not in Wonderland [w/ edit]](https://i0.wp.com/nftrh.com/wp-content/uploads/2019/09/nyfed.png?fit=209%2C130&ssl=1)
[edit] Thanks again to Dylan, here is more that may make your head explode (don't let it, you are going to need it on the other side of FOMC): Repo…
An email from a subscriber prompts this mini update here at T-minus 1 day to FOMC. In response to this morning's rate cut probabilities post Mark asked my thoughts about…
While a majority of wise guys still expect the Fed to cut the Funds Rate tomorrow, the percentage has dropped significantly, from what I seem to remember as near-unanimous in…