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Olduvai III: Catacylsm
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Fed Goes Nuts with Repos & T-Bills but Sheds Mortgage Backed Securities

Fed Goes Nuts with Repos & T-Bills but Sheds Mortgage Backed Securities The fastest increase in assets for any two-month period since the post-Lehman freak show in late 2008 and early 2009. Total assets on the Fed’s balance sheet, released today, jumped by $94 billion over the past month through November 6, to $4.04 trillion, after […]

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The implications of a reduction of Chinese holdings of US government debt

The implications of a reduction of Chinese holdings of US government debt Dear Readers, Below is my response to a reader of my blog, who asked about the implications of China reducing its holdings of US treasury debt. Pat Barron Dear Lawrence, I think that in the simplest terms, China is exiting the market for […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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