The question of legitimacy isn’t limited to China.what makes humans unique among social mammals? Some say humor, I would nominate superstition: regardless of how hard we promote our rationality and logic, humanity continues to sense portents and o…
$AAPL, the largest tech stock on the planet, pounds out a revenue warning and $NDX makes new all time highs. Ha ha. Poor bears, if you can’t take advantage of the shutting […]
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.
I can’t believe this is necessary, a sign of the times and a perfect example/explanation of how it got this far. In case you haven’t heard, President Trump has gotten into a Twitter spat with his predecessor former President Obama. For reasons that have nothing to do with legitimate economics (small “e”), both men are […]
CUSIP: 912796TK5Term and Type: 21-Day BillCMB: YesHigh Rate: 1.585%Investment Rate: 1.613%Price: $99.907542Allotted at High: 62.27%Total Tendered: $108,569,930,000Total Accepted: $40,000,300,000Auction Date: 02/18/2020Issue Date: 02/20/2020Maturity Dat…
This collapse of price will manifest in all sorts of markets that are based on debt-funded purchases of desires rather than a warily prudent priority on needs.Since markets are supposed to discover the price of excesses and scarcities, i…
The question is what kind of roll it is. This report tells you how to tell. Subscribers, click here to download report. Try Lee Adler’s…
The overnight market got hit with more Coronabear virus worries. It gave the dealers another opportunity to load up their long inventories. You know what…
We’re all frogs getting our perception of reality boiled in the pot of price perversion central banks have unleashed on the world. A tragicomedy of epic proportions continues to unfold in front […]
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.