After raising the specter of a rebound stall, the idea before limited to Japan and Germany was abruptly given further weight today by US jobless claims numbers. For the first time since the peak at the end of March, the weekly tally of initial filings increased from the prior week. The estimate for the week […]
2:45 PM ET I’d call a low here but indicators are crashing. Here’s what should happen.
Since human wetware remains stuck in OS1.01, we can predict a remarkable reversal.The “Everything Bubble” has been a sight to behold. With central banks providing trillions to the big players and margin debt enabling small punters to leverage up, …
You know where I stand: Markets have been bloated to high heaven via unlimited and unprecedented liquidity injections creating the illusion of a bull market when there is none. Yes indices such […]
Term and Type: 120-Day Bill
CMB: Yes
Offering Amount: 30 Billion
Announcement Date: 07/23/2020
Auction Date: 07/28/2020
Issue Date: 07/30/2020
I was so stunned by what I saw yesterday that I wanted to break it to everyone right now.
The withholding tax data for July through July 20, showed a 5% year to year GAIN!
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.
Fed QE: $1.732B Coupon Purchase 2020-07-23
U.S. continues to race ahead of the EU27 in the total counts of COVID19 cases and deaths:U.S. is now significantly divergent to the EU27 in death rates per capita, both in terms of the actual rates and the rates of growth:Notably, the EU appears to hav…
It’s one of those things I wish I had more time to thoroughly investigate. What can these Germans possibly be thinking? While the ZEW sentiment indicator actually came back down a bit in July 2020 from its 2005-style perch in June, the ZEW for all of Europe actually went further upward. Either that means Christine […]