After 11 years of “the Fed is the market” expansion, the Fed has now reduced its bloated balance sheet by 6.7%. This is normal, right?So here we are in Year 11 of the longest economic expansion/ stock market bubble in recent history, and by any measure…
Circumstantial evidence suggests that the Primary Dealers are in big trouble. The 10 year yield holds the key. Here’s what to look for. Subscribers, click…
Poor Bill Gates. He’s very much dedicated to philanthropy and giving away all his vast wealth, yet he can’t help getting richer every day and is once again the richest person in […]
In our new risk free market, party like it’s 1999 environment with imbalances running wild and S&P 500 price targets being raised almost daily it may be silly to speak of any […]
If we set out to design a highly addictive platform that optimized the most toxic, destructive aspects of human nature, we’d eventually come up with social media.Social problems arise when initially harmless addictions explode in popularity, and econom…
Anyone looking at the hollowed-out, fragile shell of a Fed-managed “market” as a system realizes a crash that runs away from central planning control is already baked in.The last thing punters and pundits expect is a stock “market” crash, yet a “market…
So much of the growth scare scenario relies upon China’s willingness to end it. By count of conventional Economics, there cannot be a case where a country like China just sits back and lets the economy fall into (further) decay. The argument will always devolve into some form of debate as to economic potential, but […]
Merry Christmas to all, and to all a good night! No Santa Claus for bears though. Have a good one anyway! Wishing you the best…
The metal has been firm in a tight range, but the miners may be losing the plot. Merry Christmas and Happy Holidays to all! And…
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.