DoubleLine's Jeffrey Gundlach called the Fed's bluff late last month, telling investors during an interview that he suspected the central bank was merely "guessing" about the impact of inflation being "transitory".
The Federal Reserve just released its semi-annual Financial Stability Report and it is the most 'risk averse' that we can remember.
"It was worth being a bubble, just to have held that rainbow for thirty seconds.."
Last week, we first highlighted an unusually large position being built in Eurodollar Mid-Curve options anticipating a Fed hawkish shift in outlook built around the Jackson Hole event held in late August.
You probably know somebody who has legitimately died of covid. Trouble breathing, a trip to the ER in an ambulance, transfer to ICU. Then the most ominous word of 2020, ventilator. They may as well name it the terminal ventilator because that's gen
This should dispel the notion...
We Need Some Serious Remodelling
...the Fed is playing with fire and in their arrogance they are way too confident with their talk of "tools" to be able to contain inflation...
What will happen to the US Dollar? With the government pumping money into the economy, how soon until the value of the dollar goes down the drain? Join Ken McElroy and famed economist Peter Schiff in a discussion about inflation in 2021, the value of
"So much for the idea that the Fed is independent when you have a former Fed chairman admitting that he lied in order to push a narrative that the Bush administration wanted the country to believe - that everything was great and there was nothing to