The Fed blinked. This was not news to Macro Tourist Kevin Muir or readers of Biiwii.com, which is very pleased to publish his work. Fed Finally Blinks Amid a weakening…
Click headline, get story... Translation? One more hike in December and then we stand down. Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% discounted yearly at USD…
We have had several indicators swinging bearish but a big holdout has been the 2 year Treasury yield's signal that the Fed had not yet gotten ahead of itself. Here…
With the stock market's breakout failure and then breakdown in October - which it has not yet technically remedied, despite the bounce - we opened the door to a target…
It's as clear as day, the point I was trying to make on Sunday... "Trump is fiscally pumping the economy. That is what is different. The Obama administration fiscally burdened…
Anthony Sanders has one of his short and entertaining posts (the Fed is a 97 lb. weakling, you know) about the Everything Bubble (@Biiwii)... Mother Of All Bubbles (MOAB) And…
Dumbass. Were he a Democrat benefiting from nothing but monetary chicanery to boost asset markets it would be different. But he's a (sort of) Republican who came into office with…
Just a note from your friendly Macro Tourist that June 30th is another big QT bond maturity day. Kevin Muir recounts the implications here... Mark It On Your Calendars Subscribe…
I try to see the market as it is and not let the nefarious goings on beneath the surface affect me too much. Indeed I feel more like laughing than…
An alert subscribe reminded me that Thursday is Fed 'SOMA' day, which is a day that the Fed is due to sell another chunk of Treasury securities. Isn't it neat…
Yes, it is Keith Weiner again, slightly blowing my mind with the way he looks into central banking, debt, the US dollar and gold and silver. Reading a gold analyst…
Yesterday the market shit its pants because a group of eggheads ruminated about inflation and interest rates. Nothing had changed except that the market found an excuse to set loose…
Reinforcing a theme we have been on, the Fed raised the Funds Rate (FFR) yesterday and it is clear that Republican fiscal policy will have to replace the previous 'lay…
It appears the other side of Trump mania has shown its hand. Think about this for a moment; the Federal Reserve is actually adjusting policy based on a political outcome…