One Bank Finally Tells The Truth: “The Fed Policies Have Become Part Of The...
In the aftermath of today's announcement by the Fed of 2% Average Inflation Targeting there were numerous hot takes (such as this one from Goldman) simplifying what the Fed just did: namely a "new" stance of allowing inflation to run high and the unemployment rate to run lower for longer, which according to BMO meant…
Trump Is Finally Happy With Powell: “I Called Him Today And I Said ‘Jerome,...
It finally happened. After the Fed cut rates to zero, launched unlimited QE, is on pace to buy $1 trillion in Treasurys and MBS in 2 weeks, backstopped pretty much every asset class and announced it would purchase bonds, loans, commercial MBS,munis as well as the LQD ETF, Trump is finally very happy with Fed…
Is The Bottom Finally In: Bridgewater Puts On $14 Billion Short
2020 has been a bizarre year: not only did stocks finally crash after the longest and most artificial "bull market" in history, sending an entire generation of clueless traders who had never seen more than a 10% correction puking into their toilet paper-free bathrooms as the Fed finally ran out of ammo to artificially prop…
Beijing Finally Accepts American Infectious-Disease Experts, Weighs Delay Of Annual Party Meeting
Summary: China finally allows US experts in Singapore reports 3 new cases, DP reports 90 Beijing weighs postponing National Congress Japan delays Tokyo Marathon, raising concerns about the Olympics 14 Americans aboard evacuation flight found to have virus 5 virus-linked deaths rumored in Tibet WHO reiterates that signs of slowdown in new China cases doesn't…
China Finally Agrees With Trump: We “Have Made Substantial Progress” In Trade Deal
Confirming a late Friday leak from Global Times' editor Hu Xijin... Based on what I know, Chinese Vice Premier Liu He will make authoritative interpretation on progress of China-US trade talks from China's perspective in his speech at the 2019 World Conference on VR Industry today. — Hu Xijin 胡锡进 (@HuXijin_GT) October 18, 2019 ... on…
Why One Trader Is Finally Getting Ready For The Market Crash
Via AdventuresInCapitalism.com, It is something of a tradition amongst market commentators to make bold stock market calls because they gain you notoriety if you get it right. Over here at AiC, I don’t particularly care what people think. I’m here to make money—that’s it. Therefore, I’ve refrained from big market calls—particularly as I have no…
What Was It All For: Veterans Have Finally Turned On America’s Endless Wars
Authored by Danny Sjursen via AntiWar.com, It is undoubtedly my favorite part of every wedding. That awkward, but strangely forthright moment when the preacher asks the crowd for any objections to the couple’s marriage. No one ever objects, of course, but it’s still a raw, if tense, moment. I just love it. I suppose we…
