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Central Bank Balance Sheet Reductions–Will Anyone Follow the Fed?

CENTRAL BANK BALANCE SHEET REDUCTIONS – WILL ANYONE FOLLOW THE FED? The next wave of QE will be different, credit spreads will be controlled The Federal Reserve may continue to tighten but few other CB’s can follow ECB balance sheet reduction might occur if a crisis does not arrive first Interest rates are likely to […]

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Kass: Follow The Money

Kass: Follow The Money The Tremor Before the Quake and the Fed’s $450 Billion Balance Sheet Reduction “The combination of rate hikes and balance sheet reductions from the Federal Reserve in 2018 sucked up global U.S. dollar liquidity and put emerging markets under immense pressure in 2018. Emerging market equities were 20-30% lower from February […]

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Rate Hike Cycles, Gold, and the “Rule of Total Morons”

Rate Hike Cycles, Gold, and the “Rule of Total Morons” In response to Janet Yellen’s everything is OK speech following today’s balance sheet reduction notice by the FOMC committee, I received an interesting set of comments from Pater Tenebrarum at the Acting Man Blog regarding rate hike cycles, gold, and stock market peaks. “Rule of Total […]

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Today the music stops

Today the music stops Today’s the day. After months of preparing financial markets for this news, the Federal Reserve is widely expected to announce that it will finally begin shrinking its $4.5 trillion balance sheet. I know, that probably sound reeeeally boring. A bunch of central bankers talking about their balance sheet. But it’s phenomenally […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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