That’s the question of the hour as the Fed pumps money into the financial markets at a record pace. Here’s what’s important about that.
In 2½ months the Fed replaced what it took 8 months to drain off between January and August 2019. But Lying Jerry says, “It’s not QE!”
The Fed has pumped almost $311 billion into the accounts of Primary Dealers since mid September. Here’s what that has done and what it hasn’t, and why you should be worried.
The Fed has been pumping money into the system hand over fist since mid September when it restarted QE. It’s working… to a degree. But there are problems.
The Fed is taking up all new Treasury issuance, dollar for dollar. Must be a coincidence.
With QE New the Fed has the tools and the power to push money rates down, and it is succeeding. But it’s not succeeding in…
It’s official. QE New has reversed 5 months of previous Fed balance sheet normalization. Here’s what the “new normal” means for your investments. It might not be what you think.
The Fed’s new TOMO has already hit a quarter trillion. It may not be QE in name, but it is in fact.
I have been warning for months that once the debt ceiling was lifted the money markets would tighten dramatically. It’s happening. Here’s a rundown of…
Normalization is dead. And that, ladies and gentlemen, is all she wrote. A little bit of Fed POMO won’t be enough to save the bond market, or stocks for that matter.