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 Fed QE
The numbers are interesting.
Here’s what denormalization means: there was no “New Normal” for the dinosaurs.Everyone talks about the “New Normal,” as if there’s a guarantee that life will return to normal. But the “New Normal” is De-Normalization, which I defin…
30-Year Bond High Yield: 1.406%
As the coronavirus continues to ravage the United States and Major League Baseball’s return to play has been marred by positive tests from day 1, doubts over the upcoming football season are bigger than ever. While the 2020 NFL season is still schedule…
As the coronavirus pandemic continues to wreak havoc on the U.S. economy, bankruptcies are on track to hit the highest level in at least 10 years according to figures compiled by S&P Global Market Intelligence. According to the analysis, which only inc…
The Fed shoots them.
Serious trend break on this chart.
Two simple regulations would drive a stake through Wall Street’s corrupt, evil heart.While the corporate media is focused on the presidential election, perhaps the more interesting question is: could Wall Street Lose the election? That is, could W…
The program is back and yesterday’s one day down day appears already long forgotten, but I want to follow up on a chart discussion I started yesterday with $OEX and continue here […]