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And the Fed is sitting there scratching its head.

Summary:
Fed wonders why markets are reacting like this, particularly rates, after its panicky rate cut and, oh yeah, it’s still buying bln/mo of securities. Trade and invest using MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/

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Fed wonders why markets are reacting like this, particularly rates, after its panicky rate cut and, oh yeah, it’s still buying $80 bln/mo of securities. Trade and invest using MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/mmt-trader/?s2-ssl=yes/


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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