The TIC data is great, it’s fantastic and wonderful if by comparison to the utterly slim pickings available elsewhere – which is practically nil.
Tag : Eurodollar System
Milton Friedman was touring India, and while there he shocked his audience by stating, “Inflation is always and everywhere a monetary
Supply shock versus inflation. There’s a huge difference, both in terms of what causes each and how they play out. As discussed in great detail
Economists’ R*, or R-star, is a fiction. It’s one that they came up with after-the-fact to try to explain why their policies didn’t actually
My entire premise was to make this mockingly simple. Econometrics demands mathematical precision yet always comes up empty because its calculations,
In theory, it goes like this: QE or any sort of large-scale asset purchase (LSAP) undertaken by a central bank is needed during times of trouble in
Is it a building case of/for selling the news? Another substantial down day in the oil market brings the total slide to just more than 13% (since
This particular part of the hysteria is understandable, if thoroughly unconvincing. Forget the Fed and its bank reserves for moment, whatever those
It’s standard textbook stuff. Convention has it that “capital flows” are determined by the portfolio effects of interest rate differentials.
I keep saying to take them at their word. For years now, China’s top Communists have been upfront and honest in a way that compared to what goes on
It’s understandable, even natural to focus on the amplitude of this or any BOND ROUT!!! and make comparisons to past reflationary trends on that
According to the Federal Reserve’s latest balance sheet update (to last Wednesday, Feb 24), its remainder balance of bank reserves declined a touch
The offside of “synchronized” is pretty obvious when you consider all possibilities. In economic terms, synchronized growth would mean if the
Nevada is, by all accounts and accountants, in rough shape. Very rough shape. An economy overly dependent upon a single industry, tourism, in this
Tomorrow represents the 6-month mark for the Treasury market. On August 4, 2020, nominal benchmark 10-year yields declined to their absolute closing