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.
As the owner of an all-electric car for many years, I’ve always been puzzled at the business model for these “charge your car with us” startups.
The vast majority of market participants are about as ready for a semi-random “volatility event” as the dinosaurs were for the meteor strike that doomed them to oblivion.
No one buys this crap.
CUSIP: 912796ZB8Term and Type: 8-Day BillCMB: YesOffering Amount: 25 BillionAnnouncement Date: 10/04/2021Auction Date: 10/05/2021Issue Date: 10/07/2021Maturity Date: 10/15/2021PDF | XML
I’m delighted to see that what could have been a disastrous victory for the bulls has ended in the only result that they deserve, which is disappointment:
Today, the U.S. Supreme Court commences a session that might bring about new landmark decisions on the topics of guns, religious rights and abortion.The case of the currently suspended Mississippi abortion ban, which aims to outlaw abortions after 15 w…
A giant data dump is once more detailing the offshore tax activities of the worlds’ rich elites. Keeping with the alliterations, the release was dubbed the Pandora Papers by the International Consortium of Investigative Journalists, which had also coor…
The offshore tax activities of prominent figures in the world of business, politics, entertainment and sports have once more been revealed in a massive leak, this time dubbed the Pandora Papers by the International Consortium of Investigative Journalis…
Today’s Fed Treasury paper uptake.