It finally happened.
In all of the recent news about the postponing of the 2020 Tokyo Olympics and the spread of a contagious virus, it's easy to get lost, but Luke and Tim get you back on track and focused on the real news: what the fed has already done.
The coronavirus crisis has brought another first to U.S. financial markets -- negative yields on government debt.
The final version of the economic stimulus package offered by Speaker Pelosi the House Democrats no longer includes the U.S. Digital Dollar proposal; however, the language as proposed by Chairwoman Waters of the House Financial Services Committee sti
The Fed unveiled its ultimate bazooka today - unlimited buying of pretty much any- and every-thing until this all calms down.
The Federal Reserve said Monday it will launch a barrage of programs aimed at helping markets function more efficiently amid the coronavirus crisis.
At the same time as the Federal Reserve announced open-ended QE, which also included purchases of corporate bonds and loans in both the primary (as the ECB does now) and directly in the secondary market (a new twist), as well as expanding its municip
US equity and bond markets have reversed their initial exuberance at The Fed's monetary policy lunacy as investors realize that soaring stocks will dramatically reduce the urgency from The Senate to cut a deal, which once again leaves The Fed shoulde
Imagine if the congress approved a measure to form a public-private partnership between the US Treasury and the Federal Reserve. Can you imagine that?
Over the past week there has been a groundswell of populist anger aimed at companies that used roughly $4 trillion in cash over the past decade to repurchase shares instead of, say, putting the money away for a rainy day fund (one which would be quit
Coming into Monday, the Fed had a problem: it had already used up half of its entire emergency $700BN QE5 announced last weekend.
Over the weekend, we reported that virtually all of Wall Street was praying for nothing short of divine intervention from the Fed, but would be content with the announcement of corporate bond buying, with banks such as BofA...
ast Sunday, when the Fed threw what appeared to be the kitchen sink at crashing markets, cutting rates to 0%, unveiling a $700BN QE (since expanded to include another $100BN in MBS), and enhancing G-5 central bank FX swap lines
Treasury secretary says Fed will play key role in helping businesses hurt by coronavirus
In slashing its key interest rate to zero in response to the economic calamities imposed by all levels of government ostensibly to fight the coronavirus, the Federal Reserve System is trying to regenerate the crashing stock market.
Financing programs to help the U.S. economy pull out of the coronavirus crisis could be worth $4 trillion, Treasury Secretary Steven Mnuchin said Sunday.
The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
-and Launches $700-Billion Quantitative-Easing Program in Response to Economic Impact of Coronavirus Scare
The Fed is reopening its most controversial and despised crisis-era bailout facility, the Primary Dealer Credit Facility.
With the Fed throwing the kitchen sink at the global dollar funding shortage problem, and failing to make much of a dent on the renewed surge in the dollar, last night we said that we expect even more aggressive swap lines with global central banks t
In yet another expansion of The Fed's intervantionary reach into 'markets', The Fed has decided to "expand its program of support for flow of credit to the economy by taking steps to enhance liquidity and functioning of crucial state and municipal mo
Historic Day: Fed To Buy A Record $107 Billion In Securities Today Alone As Fed Balance Sheet Explodes
Lehman Playbook Continues: Fed Unveils Another Bailout Fund To Avoid Money Market Funds 'Breaking The Buck'
Fed Expands Dollar Swap Lines With Nine More Central Banks Amid Unprecedented Dollar Short Squeeze
Overnight saw the addition of yet another four-letter-acronym bailout fund from The Fed but signals from the market suggest that they are once again losing control of the dollar-shortage-driven liquidity crisis as the FRA-OIS spread has started to ri
There we have it folks. The next round in the Crunch is here, and Central Banks have suddenly started saying that a Gold Standard will be necessary to start anew.
In its emergency announcement on Sunday evening, the Fed assured us that it "is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.
Investors continued to flee as fast as they could from risk assets yesterday, with markets getting completely annihilated as the fallout from the coronavirus continues to intensify.
America's Printing Press...
The Fed keeps trying things hoping that something will stick.