Every time there’s a critical problem in the banking system due to banker malfeasance, the Fed steps in to paper it over and reward the…
Single Family Home Prices in the United States increased to 341600 USD in April from 329100 USD in March of 2021. Single Family Home Prices in the United States averaged 124908.44 USD from 1968 until 2021, reaching an all time high of 341600 USD in Apr…
We can also posit a general rule that those who inherit wealth and succumb to FOMO are eventually less wealthy while those who are wealthy and take a pass on FOMO / hoarding at the top of the manic frenzy increase their wealth.
Looking at cycle projections a bit shorter today, the 6 month cycle projection comes to about 36,000. That’s done. Yesterday, I showed that the…
Bulls won yesterday’s screen game by 59 to 6. That includes 4 sell signals on inverse ETFs counted as bullish. That’s a huge margin, second recently only to the 153 to 6 bull stampede last Friday, which suggested a new bull swing phase.
Hey! I don’t manipulate or argue with the numbers. They are what they are. Disbelieve them at your own risk.
5 day cycle indicators have gone to the sell side here in the wee hours in New Yak, but the 5 day cycle projection still points to 4195. That’s a little lower than yesterday’s late projection, but still well above the highs of this rebound. I wouldn’t …
Zero Hedge, in its inimitable, breathless, and incomprehensible fashion referred to a looming crisis in the Fed’s Reverse Repo program.
This is an important issue, but there’s a lot of confusion around it, so I want to try to explain exactly what’s going on and why it’s not a crisis now, but is a mirror on a process that will lead to one. We know exactly why, and we know when.
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.
CUSIP: 91282CBF7Term and Type: 9-Year 8-Month TIPSSeries: A-2031Reopening: YesInterest Rate: 0.125%High Yield: -0.805%Price: $111.149129Allotted at High: 63.74%Total Tendered: $32,458,495,000Total Accepted: $13,000,023,000Auction Date: 05/20/2021Issue …
Bears won yesterday’s screen game by 29 to 21. That’s not a lot, especially considering that 6 of the sell signals were fixed income funds. This compares with Tuesday’s 32 to 15 bull win. And we’re still looking back at that 153 to 6 bull stampede last Friday, which suggested a new bull swing phase. And the 5 day numbers keep getting more and more bullish.