Panicked Fed Slashes Rates to Near 0%, Throws $700 Billion QE on Top, after $1.5 Trillion Shock-and-Awe Repos Fizzled. Stock Futures Plunge 5%, Hit Limit Down by Wolf Richter • Mar 15, 2020 • 371 Comments Holy moly, what a mess. But here is our hilarious cartoon of Jerome Powell tearing out his hair. Gotta keep you sense of humor.
As Everything Bubble Implodes, Frazzled Fed Rolls Out Fastest Mega-Money Printer Ever, up to $4.5 Trillion in Four Weeks by Wolf Richter • Mar 12, 2020 • 226 Comments The Fed is going nuts trying to contain this.
Stocks Crashed. I Covered My Short Positions (SPY, QQQ) Because “Nothing Goes to Heck in a Straight Line.” Out of Spite, Bought Some Crap for a Bear-Market Bounce by Wolf Richter • Mar 12, 2020 • 161 Comments Holy moly, that’s fast. Too fast. Desperate Fed rolls out biggest bazooka yet.
Stock Market Volatility Jangles Nerves. Something’s Afoot by Wolf Richter • Mar 6, 2020 • 202 Comments Since the shock-and-awe surprise rate cut, the S&P 500 has dropped 3.8%.
Yield Curve Gets Ugly, 10-Year Treasury Yield Falls Below 1% for First Time Ever, 30-Year at Record Low, on Rising Inflation by Wolf Richter • Mar 3, 2020 • 137 Comments Ready for another shock-and-awe panic-cut by the Fed? Last time the Fed panic-cut was in 2007/2008, and look what happened to stocks.
Stocks Sag as Fed Cures Coronavirus by Cutting Rates ½ Percentage Point by Wolf Richter • Mar 3, 2020 • 226 Comments Disappointed the Fed didn’t print antibodies?
“Nothing Goes to Heck in a Straight Line,” Not Even Stocks Today by Wolf Richter • Feb 28, 2020 • 225 Comments Wow, what a day, what a week, what a 15-minute spike at the end!
Median CPI Runs Hot, Fed Averts Eyes by Wolf Richter • Feb 13, 2020 • 86 Comments Despite the Fed’s proclamations, the dollar lost purchasing power at a good clip.
End of QE-4: Fed’s Repos Drop Below Oct 2 Level, T-Bills Balloon, MBS Fall, Total Assets Down to Dec 25 Level by Wolf Richter • Feb 7, 2020 • 112 Comments Repo-blowout solved, the Fed is stepping back as lender-of-first-resort.
Fed’s Repos Drop to Oct Level, T-Bills Surge, But MBS Fall, and Total Assets Decline Further by Wolf Richter • Jan 23, 2020 • 83 Comments Those counting on the Fed’s endless “Not-QE” or whatever to inflate the market might be disappointed.
