When reality and truth become the sworn enemies of society’s political and economic elites, the society is well and truly doomed.
Term and Type: 273-Day Bill
CMB: Yes
Offering Amount: 25 Billion
So much for social responsibility. Sweden’s rate of new infections is 3-5 times greater than its neigbors Norway and Denmark. Its death rate is 15 times greater.
A crucial component of many commodity futures markets is a concept called roll yield. It relates to the shape of the curve and therefore how the market is discounting the three fundamental factors of supply, demand, and financing. Contango versus backwardation, there’s a lot to consider and even more at stake.Back in late October 2018, […]
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.
Pulling the sleeve down to hide the tracks doesn’t mean the addict is cured.Just for a change of pace, can we be bluntly honest about the U.S. economy? It’s difficult to do because we’ve chosen to ignore all the realities, much like a family that …
The timeline for recovery in the oil market was obviously overly optimistic. Markets now have to price in something that takes longer
History as well as common sense dictates heavy caution when it comes to the monetary puppet show.
Sadly, as markets stall and crash, participants will still be in their seats thinking all is well.The tragic 2009 crash of Air France Flight 447 offers an apt analogy ..
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.