The Fed poisons everything, and I mean everything. From markets, the economy, and I will even go as far as politics. Sounds far fetched? Let me make my case below. But as […]
A tweet from @elonmusk yesterday has prompted a brief response from myself:https://twitter.com/GTCost/status/1255681426445365248?s=20For two reasons, as follows, it is worth elaborating on my argument a little more:I have seen similar sentiment toward …
Term and Type: 105-Day Bill Offering Amount: 30 Billion Auction Date: 05/04/2020 Issue Date: 05/05/2020
For his next trick, will Jaysus Powell walk on water? Prepare to be awed.
Meanwhile here’s a look at how the stock market sets up today.
The futures are pulling back this morning a day after Jaysus Powell channeled Mario Draghi and promised that the Fed would do whatever it takes to keep the US economy afloat.
And so we’ve reached the precarious state of disunion in which the only thing the warring elites can agree upon is that the Federal Reserve should rescue their private wealth, regardless of cost or consequences.America’s divides are proliferating and d…
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 $11.000B Coupon Purchase 2020-04-30
Fed QE $3.000B Coupon Purchase 2020-04-30 NYFed treasury securities operations
Saudi Arabia once burned through the bond market on par with demand for Argentina’s paper. During the 2016-17 globally synchronized growth-inspire Eurobond binge, the country made up for its lost oil revenues (oil crash and all) with dollar-denominated, offshore debt flotations. These merely stabilized the country’s forex reserves after they had collapsed (by a third) […]