The Treasury Department’s TIC for September 2019 finally arrived yesterday.
But they will gladly pay us back on Tuesday. They’ll borrow more to do it.
You may heve noticed a lack of posts since yesterday. Ijust arrived in Paris, beginning my annual European sojourn. I’ll be settling in to Bordeaux…
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.
Another dovish example to be put on the growing pile of good things? The People’s Bank of China (PBOC) earlier today trimmed one of its many policy rates. The 7-day reverse repo rate will be reduced from 2.55% to 2.50%, a 5 bps cut practically pointless in functional terms widely interpreted instead for its purported […]
As I’m in transit to Europe, just wanted to give you a quick update on our stock picks. Subscribers, click here to download report. Try…
New York | Did Goldman Sachs (GS) and Apple Inc. (AAPL) discriminate against women in the provision of credit on the new accounts for the Apple Card?
Momentum is weak, but the market keeps plowing ahead. Here are the latest targets for this move.
Well, they’ve done it again. By “they” I of course mean the US Federal Reverse and all the other central banks combined. Synchronized global easing it is called and the once again […]
Chinese Credit is heading toward an inevitable crisis of confidence – with or without a trade pact. China’s Bubbles have inflated dangerously