Fed’s Powell: Balance Sheet to be “Substantially Smaller.” How Small? He Gave Big Clues. My Dive into the Dynamics & Charts by Wolf Richter • Jan 11, 2019 • 67 Comments In fact, QE started reversing at the end of 2014.
At Taxpayers’ Expense, Fed Paid Banks $38.5 Billion in Interest on “Reserves” in 2018. Here’s How by Wolf Richter • Jan 10, 2019 • 106 Comments The Slickest Annual Wealth-Transfer from Taxpayers to the Banks via the Fed.
Rally in Stocks Takes Heat Off Fed, Now They Talk Rate Hikes Again, Market Expectation of a Rate Hike Spikes by Wolf Richter • Jan 9, 2019 • 53 Comments But all bets are off if something big breaks.
My “Fed Hawk-O-Meter” Speaks by Wolf Richter • Jan 9, 2019 • 36 Comments Wall Street’s hope for a dovish Fed may not be entirely fulfilled, it seems.
Fed’s Balance Sheet Reduction Reaches $402 Billion by Wolf Richter • Jan 4, 2019 • 114 Comments The QE unwind has started to rattle some nerves.
Markets Are in a Tizzy. So What Will the Fed Do? by Wolf Richter • Jan 3, 2019 • 111 Comments Investors are waking up after years of somnolent money-making.
THE WOLF STREET REPORT by Wolf Richter • Dec 23, 2018 • 37 Comments The Junk-Bond Market Just “Puked.”
Stocks Tank 3% in 2 Hours after the Fed Refuses to Flip-Flop by Wolf Richter • Dec 19, 2018 • 129 Comments Under tremendous pressure, the Fed sticks to its guns, mostly, and the crybabies are having a cow.
Who Exactly Mopped up $1.33 Trillion of New US Government Debt over the Past 12 months? by Wolf Richter • Dec 17, 2018 • 78 Comments Debt out the wazoo, but someone is still buying it.
THE WOLF STREET REPORT by Wolf Richter • Dec 16, 2018 • 64 Comments Peak “Everything Bubble?” The data is piling up.