Concerns about the economy have overtaken concerns about the virus. That’s the conclusion reached by a series of polls conducted at fivethirtyeight.com. According to their surveys, Americans remain very concerned about the pandemic to start with. Thirty-eight percent say that, up from about 18% back at the beginning of March.In terms of the economy, 57% […]
It’s nothing more than pedigree, having little to do with actual performance. Central bankers are given a level of respect and even admiration suited only to their job title. As such, they travel the world as honored guests to fulfill the insatiable demand for their takes on essential matters no matter how far off the […]
I warned about it last week when the Fed’s POMO schedule first showed a reduced purchase rate. The Fed is taking its foot off the…
Like the rest of the financialization machine, sickcare was never sustainable.What was once known as healthcare in the U.S. has largely been replaced by sickcare: healthcare was focused on restoring and maintaining health and w…
Gold has reached trend resistance and 10-12 month cycle momentum is at the level where it peaked last year. Here’s what to expect, along with a few mining picks. Dig it!
Shallow Thoughts Those Fed guys are so funny. What a bunch of bullshitters. Here’s Why Fed’s Statement On Cutting Repurchase Operations Is Total Bullshit Today’s…
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 $8.000B Coupon Purchase 2020-04-14 NYFed treasury securities operations
Fed QE $16.000B Coupon Purchase 2020-04-14 NYFed treasury securities operations
Fed QE $8.000B Coupon Purchase 2020-04-14 NYFed treasury securities operations