Onto the dog days of summer. The first half of 2020 has been intense for all involved and the second half looks to be intense as well. Stepping back from the daily […]
Fed QE: $3.601B Coupon Purchase 2020-07-01
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.
Seriously, this quarter sucked out loud, (for the bears, at least, in case there are any left) and I’m glad it’s over.
Some really good mapping in terms of financial exposures/risk and COVID19 vulnerabilities within the U.S. small and medium enterprises sectors, via McKinsey & Co:Source: https://www.mckinsey.com/featured-insights/americas/which-small-businesse…
I think I’ve been vocal enough about my enthusiasm for gold.