Wall Street has hated almost every single post-crisis regulation that has been implemented. But there is absolutely no reason to believe that the cash liquidity rules had anything to do with the repo market outbreak in September 2019.
It’s that time again, the magic levitation show, but this one is a peculiar one.
At that point, it’s too late: there’s no bid for overpriced decaying bungalows, overpriced tech stocks, etc.In Chinese history, natural disasters were viewed as portents that the The Mandate of Heaven (tianming or “Heaven’s will”) had been wi…
New York | In the last issue of The Institutional Risk Analyst, “Elizabeth Warren Wants to Crash the Global Financial Markets,” we talked with Ralph Delguidice about why the spread differential between the dollar markets and other liquid offshore markets is thwarting efforts by the Federal Open Market Committee to restore liquidity in domestic money markets.
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.
It’s not surprising that the Census Bureau would report another weird sideways trend in wholesale sales. After all, the agency has already produced that kind of pattern in the related data for durable goods. For reasons that aren’t going to be explained, economic activity across the supply chain from producers to consumers has been curtailed. […]
The idea of a midpoint can be misleading in that we might immediately think of one in terms of time. The middle being exactly in the middle, halfway from the beginning while also halfway to the end. A midpoint need not be so pedant. In looser usage, it can instead denote merely the separation in […]
MMT is presented as the solution to the “problem” of insufficient government funding, but that’s not the real problem.Modern Monetary Theory (MMT) is presented as a means to painlessly fund the large-scale infrastructure / alternative energy spend…
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.
Bulls taking victory laps, bears crying, new highs on Friday in some sectors and charts settling the US stock market near a historically high 145% market cap to GDP. What’s it mean? […]