You know the story. When he finally gave in at the end of July, the Federal Reserve Chairman at first hinted it was a one-and-done insurance type of thing. Powell said it was nothing more than a mid-cycle adjustment, “not the beginning of a long series of rate cuts.”
Dogma said trade wars wouldn’t amount to much.
They remain just as confused as Richard Fisher once was.
Once we understand this mechanism, we understand that labor can never get ahead.
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 new program of massive QE has been ignored.
The top pattern is still valid until it isn’t. Here’s what needs to happen. Meanwhile, several mining stocks look good. I recommended a few based…
The Fed’s nearly free money for financiers policies in support of the Super-Rich do not exist in a vacuum–the disastrous consequences are already baked in.What’s holding up the U.S. stock market? The facile answer is the Federal Reserve…
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.