It’s another example of the difficulties in trying to evaluate and analyze non-economic factors. China’s virus outbreak is a nightmare for those unfortunately living through it, and Chinese officials aren’t doing themselves any favors. Trust is a sketchy enough concept. The WHO today says there is no pandemic, which, as Erik Townsend of MacroVoices points […]
The greater the excesses, speculative euphoria and moral hazard, the greater the reversal.A very convenient conviction is rising in the panicked financial netherworld that the Federal Reserve and its fellow dark lords will “save the market” from COVID-…
It’s not different this time. It’s worse. For weeks the bull machine was relentless, ignoring everything on the heels of massive central bank intervention. The warning signs kept mounting in charts getting […]
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.
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.
And there’s no reason to conclude that the uptrend is broken… Yet. Technical Trader subscribers, click here to download the report. Not a subscriber? Try…
Given the exquisite precariousness of the global financial system and economy, hopes for a brief and mild downturn are wildly unrealistic.If we asked a panel of epidemiologists to imagine a virus optimized for rapid spread globally and high lethality, …
Coronavirus cases in China have surpassed 76,000. Deaths have reached 2,345.
Hapless bagholders have two options: buy the dip and be destroyed, or hang on hoping for a reversal and be destroyed. One often overlooked characteristic of the current stock market bubble is the extremely small exit for sellers trying to avoid becoming…
The amount of Fed Not QE outstanding has reached a new record of $548 billion as of February 20. That number will continue to increase…