I could easily sum up the press conference and statement with a music video: Unfortunately for those who think the Federal Reserve actually has a…
Posts tagged as “INTEREST RATES”
I know, I know, dumbest headline ever. On FinTwit (X for geeks) and in these pages, I have long predicted a 50 basis point cut…
Throughout the United States history of inflation and deflation, one thing is certain: The Federal Reserve and political elites will make it worse in either…
The media, the financial world, and civilization came to a stop this week. Wars were paused, children’s births delayed, and the heavens shone a light…
Welcome to Fed Day boys and girls. In the days of old, it was not a big event. Way way way back, when yours truly…
Folks, the entire quarter was punctuated with below normal volume, higher bond yields, and massive distribution by large accounts on higher moves. Cheered up yet?…
Good evening gang! It has been a while since I’ve commented on the markets outside of social media, but this is as good a time…
5/1/23 UPDATE 0426 ET: The financial world was saved from rampant speculation overnight as the rumors began to swirl around midnight on the savior of…
There are so many clowns on “financial news” television talking up the “Santa Rally” it almost as if they forget what is happening with interest…
The stock market finished the week with a strong rally on Friday leading the usual suspects into their favorite Bubblevision chant: Of course there are…
If you’re looking to buy a new home, BOHICA and grab some of this stuff too: The 30 year mortgage just hit 5.25% and that’s…
With echoes of the St. Valentine’s Day Massacre still ringing through history, it would appear that the insane MMT believing printing like a fiend Jay…