THE WOLF STREET REPORT: Revenge of Variable-Rate Commercial Debts
by Wolf Richter • Jun 24, 2023 • 146 Comments Most people in finance today cut their teeth in the era of Easy Money, when history books were thrown...
Myth #4: Every Time the Fed Tightens the Money Supply, Interest Rates Rise (Or Fall)
Recorded by the Mises Institute in the mid-1980s, The Mises Report provided radio commentary from leading non-interventionists, economists, and political scientists. In this program, we...
The Eurozone Falls into Recession as “Stimulus” Fails
Investor sentiment is clearly bullish. The CNN Fear and Greed Index for June 18th, 2023, stood at 82, which signals “extreme greed”. This is a drastic optimistic...
Treasury investors bet on US falling into recession
Financial Times/Kate Duguid/6-21-2023 “This situation, known as an inverted yield curve — most commonly measured as the difference between two- and 10-year Treasury yields —...
Gold prices edge higher as tepid dollar lifts appeal – Markets
Gold prices edged higher on a weaker dollar, although bullion hovered close to three-month lows as traders assessed prospects that more interest rate hikes by...
For investors, the Russian gun hasn’t fired yet
Must read…… Bloomberg/John Authers/6-25-2023 “The events of the last few days in Russia have been utterly confounding. Nobody that I have heard has a confident...
ECB Official Fabio Labels Crypto As “Deleterious” With “No Societal Benefits” In Scathing Speech (The Fed And ECB Are The Deep State’s Own Printing Presses And Don’t Want Competition!) – Confounded Interest – Anthony B. Sanders
Yes, the ECB’s own Fabio … Panetta wants to ban any competition to Central Bank printing presses. Of course, like Elizabeth Warren (D-MA) and SEC’s...
Silverado! US Treasury 10Y-2Y Yield Curve Remains Inverted At -102.7 (244th Straight Days Of Inversion) As Liquidity Evaporates (Silver UP >1%) Bitcoin CASH UP 12% This AM – Confounded Interest – Anthony B. Sanders
Silverado! No, not the Chevy full-size pickup truck, but the precious metal Silver is up over 1% this morning! The US Treasury 10Y-2Y yield curve...
Investors keep bets on U.S. rates soon topping out, despite Powell’s hawkishness
Yahoo!Finance-Reuters/Davide Barbuscia/6-21-2023 “The market generally holds the view that the economy is set to slow, that the recessionary conditions that the consensus expects towards the...
What’s Going on With the Fed Balance Sheet?
June 26, 2023 by Michael Maharrey 0 0 We tend to focus a lot on the Federal Reserve’s interest rate policy, while the central bank’s balance sheet stays...