Tag Archives: quantitative tightening

Fed’s QT Taper Talks Are Already Behind The Eight Ball

The monitory policy order has changed dramatically over the last five years. For example, March marks the end of the Fed’s Bank Term Funding Program (BTFP). This, coupled with the rapid draining of reserves, suggests the Fed’s plans for tapering QT are already behind the eight ball. Continue reading

Posted in Inflation, MN Gordon | Tagged , , , , , , | Leave a comment

Is the Bank Crisis Already Over?

Taking the path of least resistance eventually leads to disastrous places. Like the Alexandria Hotel in Los Angeles, circa 1990s, these are places that are best to be avoided. Still, some people, after consistently choosing the easier and softer way, ended up there, going mad, in their SRO unit. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 3 Comments

Will You Play It Fast And Loose?

At the point of maximum fear, when the sky is falling, the world is ending, and shares of Bank of America trade below $8, what will you do? Will you play it safe? Or will you play it fast and loose? Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , | 25 Comments

How Quantitative Tightening Ends

The pursuit of decadence is always met with the painful reality that stopping the excess is much more difficult than starting. This realization, like a killer in the night, lies in wait until just after the point of no return. When the certain destruction cannot be undone. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , , | 23 Comments