Extended excerpt from the Executive Summary. The Treasury had a very light calendar and easy skating last week, but the calendar will be heavier in the week ahead, with notes and bonds being offered in addition to the regular weekly bill auctions. The notes and bonds will settle on Friday. It’s unusual for them to…
Tag Archive for Us Government
Latest Business Headlines
Commerce Department imposes tariffs on Chinese solar panels – Ideal Taxes Association
by Newswires • • 0 Comments
The GuardianCommerce Department imposes tariffs on Chinese solar panelsIdeal Taxes AssociationThe solar industry is suffering from huge over-production glut worldwide due to the subsidies of the American solar panel industry by the US government and th…
Latest Business Headlines
China’s secret? It owes Americans nearly $1 trillion – Bradenton Herald
by Newswires • • 0 Comments
New York TimesChina's secret? It owes Americans nearly $1 trillionBradenton HeraldBy RICHARD PARKER The Chinese government doesn't like to talk about it and the US government doesn't want to raise it. But decades ago, Beijing defaulted on d…
Lee's Free Thinking, Liquidity Trader, Professional Edition
Primary Dealers and Their Biggest Client Off The Hook For Now, What Next?
by Lee Adler • • 0 Comments
The composite liquidity indicator edged higher last week, continuing a slow but steady uptrend. In February and March, the indicator had accelerated upward away from its 39 week moving average. That acceleration has slowed, but the indicator continues to advance. With somewhat less abundant liquidity, the government and Primary Dealers have targeted that liquidity for…
Latest Business Headlines
Ring in the Holidays!
by Cody Penn Dent • • 0 Comments
While market robots find ways to make the most options contracts expire worthless today, allow me to bring you some early holiday cheer, a new holiday carol to share with friends and family! I have bet that the Santa Rally won’t materialize this year. One factor I didn’t mention is liquidity: we are soon likely…
Economics, Email Bulletins Archive, Latest Business Headlines, Liquidity Trader, Professional Edition
Yes, Ezra, There Is No Santa Claus
by Lee Adler • • 0 Comments
Ezra Klein asked (and answered) in the Washington Post today, “Why are the markets down today? No reason.” What would you expect him to say? He’s a mainstream media journalist, and therefore, by definition, clueless. I took a moment to answer his rhetorical question/answer with the real explanation (as I see it) in the comments…
Bears Chat, Best of the Forums
The REAL reason the S&P downgrade is a disaster for the economy
by Bears Chat at The Wall Street Examiner • • 0 Comments
There’s already been a bevy of analysts coming out with their forecasts on what the S&P downgrade means for the economy, what it will do to interest rates, other financial institutions, junk borrowers, and other entities somehow connected to the US …
Bears Chat, Best of the Forums
More Bad News for Greenback’s "Reserve Currency" Status
by Bears Chat at The Wall Street Examiner • • 0 Comments
Uh-ho… The Swiss mega-bank UBS completed a survey of 80 central bank reserve managers yesterday. More than half predicted the US dollar would be replaced as the world’s reserve by a “portfolio of currencies” sometime in the next 25 years.
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Economics, Liquidity Trader
Government Heads For Budget Collapse
by Lee Adler • • 0 Comments
The US Treasury, running short of cash, announced a $15 billion, 6 day cash management bill to carry it through to June 15 tax collections and settlement of new notes and bonds. The government is massively overshooting Treasury Borrowing Advisory Committee (TBAC) borrowing estimates issued in May. As I pointed out in the Treasury update…
Liquidity Trader, Professional Edition
Treasury and Fed Put Out Cash To Raise Fist Pumping Crowd for Ben
by Lee Adler • • 0 Comments
This is an extended excerpt from the Wall Street Examiner Professional Edition Treasury Report, normally for subscribers only. I thank our subscribers for allowing the publication of this extended excerpt, and for their longstanding support (Subscriber link at end). The market waltzed through a week of heavy Treasury auction supply, but it did not have…
