7 of the 8 mining picks are gainers so far. One got stopped out. I’ve raised trailing stops on the others. There’s a key level…
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.
The Federal budget deficit is blowing out. Federal tax revenues are growing slowly, and Federal outlays are exploding. The Fed is monetizing the debt. Here’s why this is like the Boeing 737 800 Max.
The US Treasury daily tax data showed weak revenue and soaring outlays in October. The deficit is soaring, but the Fed is monetizing every penny…
The net result is the muddle class has the signifiers but not the wealth, power, capital or agency that once defined the middle class.
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.
It is definitely not good news. Technical Trader subscribers, click here to download the report. 90 Days Risk Free If You Join Now! Try Lee…
If we put ourselves in the shoes of the Chinese negotiators, we realize there’s no need to sign a deal at all.The world’s worst negotiating strategy is to give the other side everything they want in exchange for worthless empty promises, yet this is ex…
The Fed cut rates, the ECB officially launched QE, and a parade of administration officials touted progress on the ever elusive China trade deal for the 100th time and voila: Markets breaking […]
With global policy rates already so low, the future will see even greater central bank reliance on QE. And central bankers are determined to ignore excesses.