If The US Was Japan, The Fed's Balance Sheet Would Be $25 Trillion
Tyler Durden
Mon, 07/13/2020 - 20:05
If anyone still needs a simple yet infallible thesis to buy gold, here it is from Deutsche Bank's chief credit strategist...
Related topics: Japan, Gold, Deutsche Bank, Banking
Fed Releases POMO Schedule For Next Two Weeks; Will Buy $9BN In Treasuries And MBS Each Day
Tyler Durden
Mon, 07/13/2020 - 15:19
Now that the Fed's release of POMO is more of a periodic affair than every Friday, moments ago...
The Fed Is Trapped In QE As Interest Rates Can't Rise Ever Again
Tyler Durden
Mon, 07/13/2020 - 10:37
Authored by Lance Roberts via RealInvestmentAdvice.com,
Since the onset of the pandemic, the Fed has entered into the most...
Goldman Says Investors Have Just One Question Every Morning: "Do I Want To Fight Or Follow The Fed Today?"
Tyler Durden
Mon, 07/13/2020 - 11:50
Authored by Tony Pasquariello, Goldman's global head of Hedge Fund sales
1. While...
Related topics: Hedge Funds
In this time of economic and social upheaval, many policy changes that would have been unthinkable are on the table. For a few examples, Republicans agreed to a massive direct stimulus payment, the Federal Reserve is enacting radical changes in...
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Delays on Main Street LP
Disagreements between leaders at the Federal Reserve and Treasury Department in recent months slowed the start of the...
According to Axios, Trump stressed to Meadows that it was important to "find the leakers" within his administration, which has been plagued by leaks.
Related topics: White House
The Federal Reserve and Treasury Department disagreed over how easy loan terms should be while crafting their $600 billion Main Street Lending Program meant to help support businesses through the early stages of the coronavirus pandemic, The Wall...
The Fed Put Narrative Era
Tyler Durden
Sat, 07/11/2020 - 17:35
Submitted by The Swam Blog,
For years, I have heard fund managers and economists claiming that “a financial crisis is unlikely as long as central banks...
Related topics: Banking
The Federal Reserve has never been free of political influence, but today, it hasn't given up its independence just yet.
According to a GOP campaign consultant, Republicans across the country are increasingly pushing back at Donald Trump and want nothing to do with him as November’s election nears, fearing his tumbling approval numbers will hurt their...
Related topics: Donald Trump
The key reports this week are June CPI, housing starts and retail sales.For manufacturing, the June Industrial Production report and the July New York and Philly Fed manufacturing surveys will be released.----- Monday, July 13th -----No major...
A Senate panel will vote later this month on whether to advance President Trump’s controversial nomination of Judy Shelton to the Federal Reserve board despite earlier doubts about her viability.The Senate Banking Committee announced...
Related topics: Senate
Robert Kaplan, president of the Federal Reserve Bank of Dallas, told Fox Business that widespread mask-wearing is the best way to help the economy recover from the downturn caused by the coronavirus pandemic.
Said Kaplan: “If we all wore a mask,...
U.S. producer prices unexpectedly fell in June as rising costs for energy goods were offset by weakness in services, pointing to subdued inflation that should allow the Federal Reserve to keep pumping money into the economy to arrest a downward...
Related topics: Inflation
How A $6 Billion Hedge Fund Steamrolled The Competition By Frontrunning The Fed
Tyler Durden
Fri, 07/10/2020 - 12:44
Following ten years of dismal performance ("oddly" starting with the outlawing of insider trading platforms...
Related topics: Hedge Funds, Insider Trading
A top Federal Reserve official said Friday that widespread mask-wearing is the best way to help the economy recover from the downturn driven by the coronavirus pandemic.“If we all wore a mask, it would substantially mute the transmission of this...
After the Federal Reserve announced it would be capping bank dividends as a result of its annual stress testing, Wells Fargo (NYSE: WFC) said it would trim its current payout of $0.51 per common share in the third quarter. The company said it would...
Related topics: Wells Fargo, Dividend, Banking, US Equity Markets
For once Trump is right to claim that he has set a new record as the federal deficit is now over 10% of GDP. It is now 10.7% of GDP as compared to the prior record of 10.2% that Obama inherited from Bush. The deficit is looking more and more...
Related topics: Barack Obama
Stocks Spike On Yet Another Remdesivir Press Release
Tyler Durden
Fri, 07/10/2020 - 08:54
Shortly after PPI disappointed and Fed's Kaplan warned of dis-inflation, the markets spiked higher apparently on the heels of yet...
Related topics: Inflation