The Fed injected around $600 billion into the markets and the banking system last week. That’s about $2,000 for every American, and it was just…
Massive Fed intervention turned the market, although cyclicality was favorable. The 6 month cycle low was overdue. But is it something more than that?
The Fed bought $72 billion in Treasuries and $41 billion in MBS from Primary Dealers today. That’s a month’s worth of old QE in a…
The Fed is paying the Primary Dealers $110 billion a day. It’s hard to wrap your head around that. It’s as much QE as they did in a month under the original QE programs from 2009 to 2014. It better work.
The Fed bought $74 billion in Treasuries and $36 billion in MBS from Primary Dealers today. That’s a month’s worth of old QE in a…
The Fed has engineered the Mother of All Bailouts. It’s even bailing out commercial real estate whores, for god’s sake. What can this possibly lead to?
The Fed bought $70 billion in Treasuries and $40 billion in MBS from Primary Dealers today. That’s a month’s worth of old QE in a…
OK, there’s a rally, but it’s not like the 2009 or 1974 bottoms.
The Fed scheduled $123 billion per day in Treasury and MBS purchases this week. That’s a month’s worth of old QE per day. What about unintended consequences?
On March 3, the Fed converted Not QE into Panic QE. Since then it has pumped $766 billion in cash into Primary Dealer accounts. At the same time the US Treasury issued “only” $147 billion in new debt. So in essence, the Fed issued $619 billion in excess cash.
Other than the hyperinflationary implications, what good has it done? What does it mean for us looking ahead.