With this Inflation, What Will the Fed Do? by Wolf Richter • Jul 11, 2018 • 46 Comments Even the last doves are coming around to more rate hikes.
Update on the Fed’s QE Unwind by Wolf Richter • Jul 6, 2018 • 94 Comments With QE, the Fed created money to buy securities and pump up asset prices; now it sheds securities to destroy this money.
As the Yield Curve Flattens, Threatens to Invert, the Fed Discards it as Recession Indicator by Wolf Richter • Jul 5, 2018 • 51 Comments This Fed is getting seriously hawkish: It revealed that instead of thinking about backing off rate hikes, it’s replacing the yield curve.
PwC Hit with $625 Million in Damages for Negligence in Bank-Fraud Case Brought by the FDIC by Wolf Richter • Jul 2, 2018 • 63 Comments When it gets too complicated for senior auditors, send in a “college-aged intern.”
Chasing Yield during ZIRP & NIRP Evidently Starved Human Brains of Oxygen. Now the Price Is Due by Wolf Richter • Jun 18, 2018 • 41 Comments See Argentina’s 100-year dollar-bond and emerging-market dollar “turmoil” as the Hot Money flees.
Who the Heck Bought $1.2 trillion in New US Treasuries over the past 12 Months? by Wolf Richter • Jun 15, 2018 • 61 Comments Russia, Japan, and the Fed dumped. So who bought?
This Fed Grows Relentlessly More Hawkish by Wolf Richter • Jun 13, 2018 • 96 Comments Gone are the kid gloves.
Riskiest Junk Bonds Completely Blow Off the Fed, Face “Sudden” Reckoning by Wolf Richter • Jun 13, 2018 • 20 Comments Still dreaming in la-la-land.
Update on the Fed’s QE Unwind by Wolf Richter • Jun 8, 2018 • 101 Comments Just as the Fed created money to buy Treasuries and MBS during QE, it now destroys money as these securities “roll off” the balance sheet.
