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 2020-07-13
You better bow low and pay up, peasant, or your voice in the digital world will disappear just as quickly as your democracy’s control over Big Tech.Who’s the junior partner in global hegemony, Big Tech or the U.S. government? The question would ha…
Wall Street media shills have noted that the Fed’s balance sheet has shrunken a bit in recent weeks. Let’s get this out of the way…
The greater fools still partying in the first-class lounge are in denial that even the greatest, most technologically advanced ship can sink.On April 14, 1912, the liner Titanic, considered unsinkable due to its watertight compartments a…
The global nature of Bubble Dynamics makes this period unique. And while Europe, Japan and EM are important contributors, the global Bubble is foremost underpinned by historic U.S. and Chinese monetary inflation. That these two countries are increasingly bitter rivals adds unique challenges to Bubble analysis.
Gold at $1800 an ounce has a lot of people you wouldn’t expect lining up in Jay Powell’s camp.
Sweden has been continuing its uncontested-by-anyone-else march toward thee non-existent ‘herd immunity’:And the pipeline of upcoming intensive care patients seems to be un-abating:In the mean time, the rest of the Nordics have crushed the curve. And t…
U.S. is now one day away from catching up with the EU27 in terms of total deaths
New cases are at a historic high.