Fear of “Reversal Rates” Sets in, Says the Fed by Wolf Richter • Nov 20, 2019 • 104 Comments The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
US National Debt Spiked by $1.3 Trillion in 12 Months, to $23 Tn. But Who Bought This Pile of Treasury Securities? by Wolf Richter • Nov 18, 2019 • 90 Comments The Fed opened the vault in September. But others bought too.
THE WOLF STREET REPORT: Fear of “Reversal Rates” Sets in, Says the Fed by Wolf Richter • Nov 17, 2019 • 105 Comments The fear that today’s negative or low interest rates render central banks helpless in face of the next economic crisis.
How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed by Wolf Richter • Nov 13, 2019 • 168 Comments It is ironic the Fed puts out this data, as if to show off its success, and how every time the wealth of the 1% is threatened, the Fed comes up with new bailouts, rate cuts, and other shenanigans.
THE WOLF STREET REPORT: How the Fed Boosts the 1%, as Told by the Fed by Wolf Richter • Nov 10, 2019 • 205 Comments Even the upper middle class loses share of household wealth to the 1%. The bottom half gets screwed.
Fed Goes Nuts with Repos & T-Bills but Sheds Mortgage Backed Securities by Wolf Richter • Nov 7, 2019 • 135 Comments The fastest increase in assets for any two-month period since the post-Lehman freak show in late 2008 and early 2009.
What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 6, 2019 • 61 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & T-Bill Purchases?
Yield Curve Un-Inverts, 10-Year Yield Spikes, Middle-Age Sag Disappears by Wolf Richter • Nov 5, 2019 • 103 Comments It happened. Hallelujah. Or maybe better: Watch Out! Yield Curve Spaghetti.
THE WOLF STREET REPORT: What’s Behind the Fed’s Bailout of the Repo Market? by Wolf Richter • Nov 3, 2019 • 104 Comments Whose Bets are Getting Bailed Out by the Fed’s Repos & Treasury Bill Purchases?
Why Banks Didn’t Lend to the Repo Market When Rates Blew Out: JPMorgan CEO Dimon by Wolf Richter • Oct 15, 2019 • 89 Comments “Does that mean that we have bad markets?”
