By: Andrew Moran It is bedlam in America, and the left is exploiting the pandemonium to institute their treasure trove of socialist goodies. The progressives have enrolled in Rahm Emanuel’s school of thought of “never letting a crisis go to waste,” promoting one of the many causes du jour that have already been disqualified from serious discussions […]
Federal Reserve
As volatility returns, did the Federal Reserve break the stock market?
By: Andrew Moran Walk away from the bulls in a china shop. Excuse yourself from the two bears at a dinner party talking about stocks. The stock market is broken, and you can thank the Federal Reserve for turning the arena into a Three Faces Eve monstrosity. The U.S. central bank has intervened in the equities ecosystem since its […]
Federal Reserve to start buying individual corporate bonds to rescue stock market
It is going to be a day of reckoning should the Federal Reserve ever decide to tighten and taper and remove the training wheels. It has been an interesting few days on the stock market as investors have seen the volatility comparable to March madness. Well, the Federal Reserve seems spooked by it so it […]
DOLLAR RALLY OVER: Greenback contracts as Fed pledges ZIRP, QE until COVID-19 is over
The U.S. dollar’s party was fun while it lasted, but now it is over. Officially. On Wednesday, the Federal Reserve made several key announcements: – Interest rates will remain in the target range of zero percent and 0.25 percent. – There will not be any rate hikes until 2022. – Unlimited quantitative easing is here […]
BUBBLENOMICS: Nasdaq tops 10,000 as Powell Putsch floods Wall Street with cheap money
Well, it’s official: the Nasdaq Composite Index has positioned itself well above 10,000. After briefly hitting an intraday record of 10,000 on Tuesday, the tech-heavy index climbed 0.5% to 10,006.49. The Dow Jones Industrial Average has reclaimed 27,000, while the S&P 500 is close to wiping out all its losses in the coronacrisis. Thanks, Federal […]