Two weeks ago, on March 3, before a liquidity panic had gripped capital markets, corporations and global banks, Credit Suisse repo icon and former NY Fed staffer, Zoltan Pozsar issued a recommendation […]
The Dow Jones surged after the Fed’s first emergency rate cut since the financial crisis. Here’s why the stock market rally suddenly fizzled. The Dow Jones Industrial Average (DJIA) surged after the […]
The Federal Reserve is doing what it can. On Tuesday, the central bank announced an emergency interest rate cut meant to shore up the economy and calm panicky financial markets in the face of […]
The Fed has increased its balance sheet over 500% in the past decade; The Bank of Japan is printing money to buy bonds and stock ETFs; and The European Central Bank is […]
Yesterday, in a lengthy article referencing the escalating dollar and funding liquidity shortage as a result of the aggressive rebuild of the Treasury’s cash balance from $133BN to $350BN in the aftermath […]
For months, President Trump has been pushing The Fed to cut interest rates, lambasting them for raising rates last year “slowing us down.” Then, at the end of April (in the middle of […]
“The U.S. federal government is on an unsustainable fiscal path,”Powell told the Senate Banking Committee, noting that “debt as a percentage of GDP is growing, and now growing sharply… And that is […]
