As a domesticated animal the Fed has been well trained by its owner.
Who owns the FED?
The financial industrial complex.
Or more accurately,
The leveraged Industrial complex (LIC).
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.
U.S. initial unemployment claims counts and labor markets charts for the data through the end of last week:
The Company Store is open, buy whatever you want on easy credit, and don’t forget to take an approved narrative with you.I’ve been discussing the neocolonial-plantation structure of the U.S. economy since 2008, and now this model has reached perfection…
Fed QE: $0.700B TIPSPurchase 2020-05-28 NYFed treasury securities operations
Fed QE $4.000B CouponPurchase 2020-05-28
Germany employment conditions improved slightly in May, based on ifo Institute survey:The gains are in line with the Business Activity survey results:However, both business expectations (major driver of improvement) and current conditions (remaining de…
The daily chart for the S&P Futures (ES) looks impressive as hell, if you are a bull. For bears, it’s Wagnerian.
Fed QE $2.000B CouponPurchase 2020-05-27 NYFed treasury securities operations
Fed QE $1.750B Coupon Purchase 2020-05-27 NY Fed treasury securities operations