Fed QE: $1.733B Coupon Purchase 2020-07-30
Roger, we need a new scale for the chart.Latest data for U.S. Federal deficit through June 2020 is shocking.
An infrequent update on Russia COVID19 stats:Daily Cases and Deaths:Russia is failing to arrest the new cases curve and the deaths curve, with both series running at elevated levels through July. Thee decline in new cases around the end of June was als…
U.S. continues to show the way on how NOT to do pandemic response. However, in recent days, there has been a re-acceleration in the new cases arrivals in the EU27
We are continuing to hit all-time highs in new cases globally as the pandemic shows no signs of moderation.
Not only is our lifestyle on back-order, so is our sanity.Yesterday I mentioned our collective inability to make sense of the contradictory messages of the status quo and our own experience. This inability to reconcile completely contradictory mes…
Then it’s the trader’s enema. Trading ranges are meat grinders. The edges are often not well defined.
The abyss between the Fed’s illusion of phantom wealth for Wall Street and the collapse of Main Street is bottomless, and our descent into the abyss is accelerating.I know this runs counter to every dominant narrative, but a vaccine doesn’t really matt…
Term and Type: 2-Year FRN
High Discount Margin: 0.055%
Total Accepted: $26,727,449,700
Term and Type: 7-Year Note
High Yield: 0.446%
Total Accepted: $49,000,106,200