The Federal Open Market Committee has now completely reversed its 2018 policy goals
There are indicators for every persuasion. A signal is coming. Technical Trader subscribers, click here to download the report. First Month Free and 90 Days…
Maybe it was a sign of things to come, a warning how it wasn’t going to go as planned.
Well that was fun. Big nasty drop and a vicious rally back up. Standard script right?
The extraordinary $575 billion M2 growth over the past 22 weeks (that receives zero attention) was the second strongest (22-week) monetary expansion in U.S. history, trailing only 2011’s “QE2” period.
Net new Treasury supply is receding to the “new normal,” averaging around $100 billion per month. We know we have a problem when a hundred…
In the Fed’s daily overnight repo operations for October 4 it offered $75 billion in overnight repurchase agreements to Primary Dealers. The dealers took $38.55 billion at an interest rate of 1.8%, to fund the carry of their securities holdings. Here’s what this means.
While the world’s attention was fixated on US$ repo for once, the Bank of Japan held a policy meeting and turned in an even more “dovish” performance.
Before you go all “here he goes again” I’m not calling for a double top, I’m highlighting the risk that markets may have made a double top and that has implications. Let’s […]
Lindsay Williams asked me about today’s market break, and about Donald Trump. As usual, I did not hold back. Content hosted by iono.fm Get more…