Harker said Friday the central bank’s interventions in money markets are temporary and that the creation of a potential standing repo facility is still “debatable.”
The nomination comes with two pressing questions — whether she could be a future chair at the central bank, and if she even will be able to serve if confirmed
In the trailer for our recent (and excellent) webinar WTF: What The Fed?!?, I ask: What’s it going to take for the pitchforks to come out? How much more does the common man need to be abused before he wakes up and says ‘I’m not going to take anymore!’? As discussed in detail in the...
Check out the other instances when this indicator has gone above that upper 50-1 band. You will notice that all of them in this chart except one were associated with meaningful tops leading to noticeable corrections.
Feel free to keep buying, just remember to sell before it all comes crashing down.
A breed of systematic trader acutely sensitive to volatility is charging into U.S. stocks at the kind of pace last seen before “volmageddon” rocked Wall Street almost two years ago.
The reported unemployment rate of 3.5 percent is statistically impossible based on a long-held economic model known as “Okun’s Law.”
The reason the central bank had come into possession of so many Treasury bonds and bills was quantitative easing, or QE. That sort of program had already been repeated and had been terminated only a few months before.
Our nation’s pension systems are in trouble. Underfunded with outsized promises to beneficiaries who are living longer, the death rattles of the defined benefit pension system...
When it comes down to it, population and age demographics make it impossible to support the accumulated debt of yesterday’s spending. The likelihood of growing our way out of this mess is next to none.
Just as the inverted yield curve was not a guarantee that we would have a recession, so too an uninverted yield curve isn’t a guarantee that we won’t have a recession
On January 9, the Wall Street Journal ran an article about the Fed’s repo operations with this headline: “Fed Adds $83.1 Billion in Short-term Money to Markets.” This is what the headline looks like:
It’s absolutely stunning how the Fed/ECB/BoJ injected upwards of $1.1 trillion into global markets in the last quarter and cut rates 80 times in the past 12 months, which allowed money-losing companies to survive another day.
Florida man...Uh oh! You know something good is coming, right?Here it is — Florida man refuses to pay for gold-plated steak he didn't order, Salt Bae calls cops
it’s increasingly clear that the nation’s largest lenders are targeting a narrower slice of consumers: The wealthy and those with excellent credit.
Amid rising defaults & tighter liquidity for Chinese privately-owned enterprises, the nation’s banks are letting some companies fail...
As 2020 gets under way, the closely watched spreads between long- and short-term Treasury securities still don’t look completely healthy.
President Donald Trump will pick two economists, Judy Shelton and Christopher Waller, to serve on the Federal Reserve Board, the White House said on Thursday.
A federal tax break meant to help poor communities that became a windfall for wealthy investors is being investigated by the Treasury Department, the agency's deputy inspector general said Wednesday.The inquiry is being conducted at the request of three Democratic lawmakers: Sen. Cory Booker of New
The U.S. Treasury will start issuing 20-year bonds in the first half of 2020, expanding its roster of securities as the government seeks ways to fund a ballooning deficit.Institutional investors have been clamoring for more longer-dated, risk-free securities that offer some nominal yield