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.
Today’s QE update.
A mob, led by a shirtless man wearing a Viking helmet, stormed the Capitol building a couple of weeks ago and five people died before order was restored. A man from upstate New York sat in a Senator’s office and smoked a joint. Another roamed the halls of Congress with a Confederate flag. A Virginia […]
The consensus is that asset inflation is unstoppable and forever. History begs to differ.
The growing threat from anti-government groups in the U.S. was highlighted by the shocking events at the Capitol on January 06 when the far-right Oath Keepers, Three Percenters, Boogaloo Bois and The Proud Boys were spotted among the crowds of Trump su…
With the second wave of the coronavirus underway in Europe, countries like Czechia and the UK as well as many more from the continent have moved up among the ranking of coronavirus cases per capita compiled with data by Johns Hopkins University. The co…
The Chinese economy continued its recovery in the fourth quarter of 2020, returning to a level of growth in line with pre-pandemic growth rates. According to the National Bureau of Statistics of China, the country’s GDP grew by 6.5 percent year-over-ye…
Aside from killing nearly 400,000 Americans to date and wreaking havoc on the country’s economy, the COVID-19 pandemic is also taking a heavy toll on mental health. That’s according to data compiled by the U.S. Census Bureau and the National Center for…
Short term cycles have topped out and concurrent down phases are ideally due to last 2-3 weeks. With weak upward momentum in the 6 month cycAle, the potential exists for a significant downdraft. That, in turn would signal the onset of a 6 month cycle down phase. This is the best shot that bears have had for a turn in the tide since August-September.
Both bonds and stocks have weakened over the past 2 weeks. It’s a sign that the Fed isn’t supplying enough QE. We’ve known for a…