By Jorma (Stool Pigeons Wire) December 21, 2009 – The relentless lowering of the top tax rates and capital gains rates and the effective corporate…
Banks and Federal offices are closed today. There were no Fed actions, no Treasury auctions and no 4 week bill announcement. The 13 and 26…
Critics of the Fed have expressed concern about the inflationary implications of the huge expansion of the Fed’s balance sheet, particularly excess reserves. The reserve…
The biggest shocker this week came in Thursday night’s H41. Fed credit outstanding virtually collapsed with reductions in alphabet soup programs outpacing direct Fed purchase…
It was a busy day. The Treasury sold 3 issues, at which the indirect bid was generally strong, except for the small TIPS issue, which…
by Jimi (Stool Pigeons Wire) To my read, they’ve done nothing to answer the age-old question of price. Here they claim: Private Sector Price Discovery:…
The Fed’s balance sheet shrank dramatically this week as banks paid off TAF loans and reduced their deposit accounts at the Fed on which they…