A Repo Deluge…of Necessary Data
Just in time for more discussions about repo, the Federal Reserve delivers. Not in terms of the repo market, mind you, despite what you hear bandied about in the financial media the Fed doesn’t actually [...]
If The Best Case For Consumer Christmas Is That It Started Off In The Wrong Month…
Gone are the days when Black Friday dominated the retail calendar. While it used to be a somewhat fun way to kick off the holiday shopping season, it had morphed into something else entirely in [...]
Lagarde Channels Past Self As To Japan Going Global
As France’s Finance Minister, Christine Lagarde objected strenuously to Ben Bernanke’s second act. Hinted at in August 2010, QE2 was finally unleashed in November to global condemnation. Where “trade wars” fill media pages today, “currency [...]
The FOMC Channels China’s Xi As To Japan Going Global
The massive dollar eruption in the middle of 2014 altered everything. We’ve talked quite a lot about what Euro$ #3 did to China; it sent that economy into a dive from which it wouldn’t escape. [...]
Dealers’ Choice: Repo Facts Are Indeed Very Stubborn Things
The biggest thing about September’s repo rumble wasn’t the double-digit GC rate(s), it was the timing. Beginning on the Monday the day before the FOMC’s regular policy meeting, Jay Powell couldn’t accomplish what he had [...]
SPECIAL REPORT: Don’t Fight The Fed?
QE. Quantitative Easing. The most misunderstood, misinterpreted, misconstrued, mis-overestimated economic policy of the current monetary era. No need for qualifiers or weasel words like “perhaps” or “maybe”. In an age of unprecedented policies – largely [...]
If Trade Wars Couldn’t, Might Pig Wars Change Xi’s Mind?
Forget about trade wars, or even the eurodollar’s ever-present squeeze on China’s monetary system. For the Communist Chinese government, its first priority has been changed by unforeseen circumstances. At the worst possible time, food prices [...]
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