In the words of Greg Mannarino, Yello-stain Powell is never gonna raise rates, because the moment he raises anything meaningfully, the whole house of cards collapses. Federal Reserve wants to be the lender and buyer of last resort and its well on its way there.
In the words of Greg Mannarino, Yello-stain Powell is never gonna raise rates, because the moment he raises anything meaningfully, the whole house of cards collapses. Federal Reserve wants to be the lender and buyer of last resort and its well on its way there.
BTW, the information released regarding which banks got all those trillions in loans in 2019 is very important. We need some posts on that here.
For some reason this critical information to get out there is being buried at the botton of this site - it's not at the top or getting sticked
Point me to a good post about the information released.
https://www.newyorkfed.org/markets/OMO_transaction_data.html#rrp
He can't do shit