Fed QE $4.500B Coupon Purchase 2020-05-20
We knew this was coming. $265 billion in MBS settlements for May are almost done. Now we reap the whirlwind. Here’s what to expect and why it’s time to GTFO.
Fed QE $9.500B Coupon Purchase 2020-05-19
“Intelligence is the ability to adapt to change.” Stephen Hawking The economic news over the last month has been as awful as anyone alive has ever seen.
Rangebounds markets all sound and fury. Here’s where this is headed today.
The gold miner stock index has broken out and the metal looks poised to do the same. Here’s what to look for, including short term to long term price projections.
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 $1.400B Coupon Purchase 2020-05-18
Any economy that concentrates its wealth and income in the top tier is a fragile economy.There are two structural reasons why consumer spending will not rebound, no matter how “open” the economy may be. Virtually everyone who glances at headlines …
The market has now been rangebound for 5 weeks, leaving the cycle picture muddled. Wave amplitude remains relatively high, while frequency has increased. If the recent pattern holds, the market would top out on Thursday. But what if it doesn’t cooperate. Here’s what to look for to signal what comes next.