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.
One day before the Senate passed President Biden’s sweeping $1.9 trillion stimulus package on Saturday, the latest jobs report showed encouraging signs of recovery, as the U.S. economy added 379,000 jobs in February, exceeding expectations.The leisure …
The Levada Center, an independent Russian polling and sociological research organization, has released new data showing that 48 percent of the public would like to see Vladimir Putin remain president after 2024 while 41 percent would not. Support for P…
Here’s the chart. Today’s Buttcoin. To crash, or not to crash, that is the question. Yes, it could consolidate here. The keys are 47,000 and…
The current move projection on the 10 year Treasury yield is 1.70. Longer projections point higher. I update that regularly in LT.
I certainly haven’t, and I’ve been watching this crap actively more or less every day for the past 55 years. The market is become increasingly unstable, with a series of vicious rapid reversals, and wider swings both up and down. This has been going on…
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.
I’ve been getting that question a lot these days. How high can rates go? It is asked in a way that seems to imply that the answer is obvious – not much. Why? The answer is almost always the same; the Fed can’t and won’t let rates go up. If they did it would kill […]
Those looking up from their “free fish!” frolicking will see the tsunami too late to save themselves.
The all important 6 month and 10-12 month cycles are coming into the idealized time window for a low. Whether last week was it is…