5 day cycle projection 3235
The Treasury’s numbers for June were as bad as expected. Early July numbers look good, but it’s a trick. Here’s how we know, and what that means for the markets.
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: $3.601B Coupon Purchase 2020-07-15 NY Fed treasury securities operations
The market made a 3 day cycle low at the bell yesterday, testing it in the wee hours in NY. The ES has rallied back to the top of an apparent channel. This is where push comes to shove.
The up phase may die here leadin…
As with the French Revolution, that will be the trigger for a wholesale replacement of our failed institutions.Since it’s Bastille Day, a national holiday in France celebrating the French Revolution, let’s ask a question few even think (or dare) t…
President Trump, his leadership and the economics of pandemic, aka: Trumpassery in Action
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: $12.801B Coupon Purchase 2020-07-14
Updating charts comparing Sweden and ex-Sweden Nordic countries, normalizing population of the latter to that of Sweden:Nope, no ‘herd immunity’ in Sweden. But there is a crushed curve for new cases and deaths in the Nordics.