The market got way ahead of the amount of cash that the Fed was pumping into dealer accounts in February. That took a toll, and…
We knew that Not QE would fall well shy of Treasury issuance in February, and that that would be a problem for the markets. Subscribers,…
The pause in the growth of the Fed’s balance sheet over the past 6 weeks isn’t what the pundits are telling you. Some are saying…
It ain’t rocket science. The Fed drives liquidity and stock prices are the first order effect because that’s how monetary policy transmission is designed. These…
The Fed has monetized 99 percent of the Federal Debt since it started Not QE. That’s been bullish. Here’s what to look for and how…
There are growing signs in the banking system that the Fed will lose control, and this won’t end well. Subscribers, click here to download the…
The Fed can never leave QE. Here’s why, and what it means for you.
That’s the question of the hour as the Fed pumps money into the financial markets at a record pace. Here’s what’s important about that.
In 2½ months the Fed replaced what it took 8 months to drain off between January and August 2019. But Lying Jerry says, “It’s not QE!”
The Fed has pumped almost $311 billion into the accounts of Primary Dealers since mid September. Here’s what that has done and what it hasn’t, and why you should be worried.
The Fed is taking up all new Treasury issuance, dollar for dollar. Must be a coincidence.
The Fed is taking up all new Treasury issuance, dollar for dollar. Must be a coincidence.