Great and tight summary of the Eurosystem monetary policies deployed in response to COVID19
The pandemic itself and the public health system response to the pandemic in the U.S. is worse than in the EU27.
Globally, the pandemic is not abating, despite the optimistic talk across a range of countries currently relaxing severe restrictions on social distancing and pandemic-abatement measures:In my opinion, outside Europe, current relaxation of COVID19 rest…
Join the fun at the Stool Pigeons WIre at Capitalstool.com.
Fed QE: $4.401B Coupon Purchase 2020-06-12 NY Fed treasury securities operations
The latest data on initial unemployment claims for the week ending June 6, 2020 is out today (release here: https://oui.doleta.gov/press/2020/061120.pdf). Initial unemployment claims are up another 1,537,120 in one week, though the rate of new add…
What was stupidest about the past few months was how it was these guys who everyone was depending upon to make it all go just perfectly moving forward. Worse, those geniuses being held up as competent economic stewards practically reran the 2008 playbook line by line. What that said, more than anything, was that they […]
Note from Tim: I think I could save myself a lot of time and energy by just publishing really good emails. This is another one I just received from Lee Adler of the Wall Street Examiner.
The Fed has now promised QE infinity. But will it be enough, in the face of Federal deficit financing to infinity and beyond? Because for…
Term and Type: 19-Year 11-Month Bond
Offering Amount: 17 Billion
Auction Date: 06/17/2020
Issue Date: 06/30/2020