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Rising COVID cases, falling economy

Tom Spencer

Since the start of February this year, the Fed has expanded its balance sheet by more than $2.4 To put that in context, the Fed was created in 1913, and its total balance sheet assets only reached $2.4 trillion in assets, but only 2 months to achieve the same amount of balance sheet expansion this year.

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Case Against The Fed. What Has Government Done to Our Money? Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. The risk premiums of risky securities have become unsustainably compressed in the process, and the Feds balance sheet has metastasized to $3.5

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Coronavirus & Consulting Offers

Tom Spencer

The UK has 3,500 known cases of the virus and London will probably be shut down in the next week, if not before. The travel and hospitality industries have been decimated, stock markets around the world have tanked, and governments struggle to combat this devil on so many fronts. Commerce has ground to a halt. Today, not so much.

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Would a Bund by any other name smell as sweet?

Tom Spencer

ON WEDNESDAY November 23rd, an auction of German government bonds (known as “Bunds”) managed to sell only €3.6 Thirdly, European banks are currently focused on building their balance sheets not on lending. Case Interviews. Would a Bund by any other name smell as sweet? in Economics. Categories.

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Mish's Global Economic Trend Analysis: Reader Question: Does the.

MishTalk

Case Against The Fed. What Has Government Done to Our Money? Reader Question: Does the Fed Balance Sheet Properly Reflect QE Announcements? The feds balance sheet doesnt reflect it. So if QE is $85B a month, where is it and why doesnt it show up in the Feds balance sheet.". Feds Balance Sheet.

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Draghi Announces ECB Exit From Easing Remains Far Off

MishTalk

Case Against The Fed. What Has Government Done to Our Money? Bernanke says the US economy is solid enough that the Fed can begin tapering its balance sheet purchases later this year. There is absolutely no chance the Fed has any real "exit" strategy other than to hold its entire bloated balance sheet to maturity.

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Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.

MishTalk

Case Against The Fed. What Has Government Done to Our Money? An alleged "worst case scenario" shows the FHA could lose as much as $115 Billion. Since these worst case scenarios are always famously optimistic, the best course of action would be to shut the agency down. This Week in Money Interview. Home Builders.