NY Fed treasury securities operations
$7.000B Coupon Purchase
2020-04-07
NY Fed treasury securities operations
$14.000B Coupon Purchase
2020-04-07
NY Fed treasury securities operations
$5.000B Coupon Purchase
2020-04-07
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.
An economy of rackets designed to enrich the few at the expense of the many is brittle because self-serving rackets snuff out competition, accountability and transparency.What’s remarkable about the lockdown isn’t the hue and cry about the economic dam…
On Tuesday, March 18, 2008, the S&P 500 big cap stock index soared. By the end of closing that day, the index had added 4.2%. Investors were increasingly optimistic that new kinds of “stimulus” which had been hastily introduced over the prior few weeks and months would provide enough of a boost so that the […]
When it’s all over with, I think we’re going to find out we’ve all been unnecessarily harmed by two stochastic models. And in the greatest tragic irony of them all, it was entirely predictable. These statistical constructions can’t predict a thing, subject as they all are to GIGO limitations (Garbage In, Garbage Out). It’s the […]
It doesn’t take much effort to find bearish sentiment about stocks or the economy right now. CNN’s Fear & Greed Index, an amalgam of seven discrete market sentiment indicators, is still in the “Extreme Fear” zone. Generally, market bottoms are associated with extreme fear while tops are associated with extreme greed. And it generally works; […]
Term and Type: 43-Day Bill
CMB: Yes
High Rate: 0.095%
Total Accepted: $60,000,462,000
Auction Date: 04/06/2020
One of the most hard hit sectors during the 2020 crash has been small caps. Absolutely decimated during the crash giving up half of its gains since the 2009 lows off of […]