In the face of a breathtaking disconnect between Main Street and Wall Street, largely based on overconfidence in free money, my sense is that there remains a crisis ahead that will emerge “gradually and then suddenly.”
So, the GloboCap-Resistance Minneapolis Putsch appears to have not gone exactly to plan. Once again, Trump failed to go full-Hitler, despite their best efforts to goad him into doing so. They gave it quite a good shot, however...
Something tells us that the Fed's schedule released today of monetizing "only" $80 billion in Treasurys each month, or about $1 trillion per year, will not be sufficient.
Senior editor Ash Bennington joins Jay Pelosky, CIO and co-founder of TPW Investment Management, to unpack his contrarian and bullish thesis on the economy and…
The Desk plans to continue to increase SOMA holdings of Treasury securities at the current pace, which is the equivalent of approximately $80 billion per month... and $40 billion per month in MBS.
"The pharmaceutical companies are so financially powerful today, and are able to use such methodologies, as to have us accept papers which are apparently methodologically perfect, but which, in reality, manage to conclude what they want them to conclude."
... the price for our fabrications to future generations is dear... we were already in a “Silent Depression”, what comes next is entirely another matter...
