Tag Archives: monetary policy
Is the End of QT a Green Light for an Asset Rally?
On Monday, December 1, the Federal Reserve terminated Quantitative Tightening (QT). The job wasn’t even halfway done. Continue reading
Policies of Disaster
The world we’ve entered – a world of rising interest rates – is an unfamiliar place. Americans haven’t experienced it in over four decades. But, nonetheless, it is part of the long term, secular movement of the credit cycle. To understand what’s going on, all you need to do is look to the past and key in on several critical inflection points. Continue reading
The Dollar Is Dying
This week, while perusing the Federal Reserve’s balance sheet figures, we came across a rather curious note. We don’t know how long the Fed’s had this note posted to its website. But we can’t recall ever seeing it. Continue reading
The Secret to Fun and Easy Stock Market Riches
On Tuesday, at the precise moment Federal Reserve Chairman Jay Powell commenced delivering his semiannual monetary policy report to the House Financial Services Committee, something unpleasant happened. The Dow Jones Industrial Average (DJIA) didn’t go up. Rather, it went down. Continue reading
