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.
OK, so I’m worried about the potential for hyperinflation. Meanwhile, here’s how today’s charts look. Going up?
Hyperinflation is coming.
The last few remaining shorts ran for cover on the Fed’s announcing that it was going Conehead this morning. But here are the only things that matter for traders today
We knew this was coming. The Fed has to finance the $2 trillion econonmic rescue borrowing. The market can’t do it. So the Fed must print the money to buy it.
This all in gamble better work. Because if it doesn’t…
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