Posts that don’t fit elsewhere but otherwise talk about the economy in general
The Fed POMO January 2012 schedule is out and is similar in size and scope to the November POMO schedule. The December POMO schedule was a bit of an abberation because of all the end of the year holidays. This marks the first installment of 2012 in the Operation Twist project begun by the Fed...
Well here we are – last month of the year and the Fed POMO Schedule for December 2011 is here. It’s been a remarkable year for the Fed with literally trillions of Treasury debt on their books. Today’s release includes (as anticipated) an additional $8 billion in asset sales tacked on from the POMO...
So in an unprecedented move, the Fed canceled its sale of paper scheduled today via POMO operation twist. In and of itself that is a big deal but the even bigger news event has been the opening and use of swap lines between the Fed and Eurozone banks. The POMO sale was scheduled to...
The Fed has posted its POMO Schedule for Novemeber 2011 – operation twist continues as the Federal Reserve looks to push its portfolio duration further out the curve. Based on the chart below the most significant dates of monetary movement putting upward pressure on markets would appear to be November 7, 11, 16, 18, 23,...
Sponsored LinkSo were riding up the Euro fix today, with the EMU / ECB having successfully kicked the can a few months down the road. Have you noticed how hard Goldman Sachs stock is up today? Bank stocks – specifically those TBTF bank stocks have been granted an early Christmas present, and all markets...
So is today's stock market rally fading into the European Summit this weekend? It sure looks that way to me. I'm watching the forex markets all day (kind of a habit... like breathing) and seeing a nice robust risk on pattern pretty much all morning - with a sprinkle of CHF risk off mixed...
In case you missed it here is the Fed POMO schedule for October 2011. Operation Twist – as it has been named in the media – has been quietly changing the consistency of the Fed’s balance sheet toward longer dated securities. The size of the overall operation is expected to be about $400billion and this...
Today’s economic uncertainty leaves us wondering whether we need to know how to beat inflation or deflation. Prudence (and economic conditions) suggest that it is in our best interest to learn ways to defeat both scenarios. While some solutions are mutually exclusive, other potential activities we engage in regardless of whether we care about...