Many of the changes to the US Treasury and REPO markets that were predicted in our comment this past May are coming to fruition.
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.
Technology has evolved exponentially in the last 100 years and in this sense we live in extraordinary times. We all are participants in this amazing journey that requires us to adapt constantly […]
Conventional wisdom might identify a lonely island as the best place to survive the apocalypse. A new scientific study now confirms that this isn’t far off the mark. Even the UK makes the cut as far as insular holdouts go, according to the study by sci…
Following a failed last-ditch effort by the Biden administration to extend the nationwide ban on residential evictions, the moratorium that had been in place since September 2020 expired on Saturday, leaving millions of Americans at risk of being force…
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.
The entire weekend, all the headlines were lockdown-this, delta-that, and yet, as required by federal statute, all the equity futures shot higher and are bright green. It’s encouraging to at least see some sanity in the world of crude oil, wh…
They’re out there panicking right now. I can feel it. They’re out there. They’re panicking. Look at them. Eddie Murphy as Billy Ray Valentine in Trading Places I thought of that scene the other day when a good friend in the investment business told me that investors today are panicking into the market rather than […]
Congressional Budget Office projections are some jaw-dropping …
