I haver compiled a summary of all COVID19 data for top 50 countries (all countries with more than 10,000 recorded cases as of May 29, 2020). Here are thee tables. Alphabetically, in 2 tables:So, here are interesting observations:Out of 50 countries onl…
The missing piece so far is consumers. We’ve gotten a glimpse at how businesses are taking in the shock, both shocks, actually, in that corporations are battening down the liquidity hatches at all possible speed and excess. Not a good sign, especially as it provides some insight into why jobless claims (as the only employment […]
Once the pool of greater fools dries up, stocks crash regardless of what the Fed does or bleats.The conventional view is the Federal Reserve creating trillions of dollars out of thin air will trigger inflation. Not so fast. Yes, creating…
Who used to say that?
As a domesticated animal the Fed has been well trained by its owner.
Who owns the FED?
The financial industrial complex.
Or more accurately,
The leveraged Industrial complex (LIC).
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
U.S. initial unemployment claims counts and labor markets charts for the data through the end of last week:
The Company Store is open, buy whatever you want on easy credit, and don’t forget to take an approved narrative with you.I’ve been discussing the neocolonial-plantation structure of the U.S. economy since 2008, and now this model has reached perfection…
Fed QE $4.000B CouponPurchase 2020-05-28
Fed QE: $0.700B TIPSPurchase 2020-05-28 NYFed treasury securities operations