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.
A new report by the Economist Intelligence Unit shows that depending on where you live, the road to national inoculation protection against COVID-19 might still be a long one. The report shows that in many locations it will take years before a majority…
Last week, there was more good news on the Covid-19 vaccine front with U.S firms Johnson & Johnson and Novavax releasing efficacy data from late stage trials. Johnson & Johnson’s JNJ-78436735 candidate is being developed by its subsidiary Janssen Pharm…
Israel has had the fastest Covid-19 vaccine rollout of any country thanks to early moves to secure significant quantities of doses from Pfizer/BioNTech and Moderna. It has also been aided due to high levels of enthusiasm among its population, efficient…
As I explained here, we’re in a liquidity shortage, but one that will be lessened over the rest of this month.
As liquidity ebbs and flows, we’ll see wild volatility changes over the next 3-6 months.
This morning, it’s to the upside, but …
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.
Our Nobility’s assessment of risk and their war-gaming of vulnerabilitiesare fatally deficient.
There were lots of sell signals last week, but this isn’t the big one. Yet. We just need to be prepared for it.
In the mid month QE update, I concluded the intro summary with this warning:
1/16/21 At this point, it seems like we are on the edge of the precipice. The risks are enormous. At the very least, I don’t see the likelihood of significant upside for either stocks or bonds.
Likewise, this could very easily go south in a big way. The Fed would need to act. Would it be too late? Would the market even respond?
It didn’t have to be this way, but this is the reality we must now face: truth is fatal to fraud, and our entire financial-political system is a fraud.