by Summary:
Over the past 3 weeks the Fed has drained over 0 bln from reserve balances, triggering a dollar short squeeze. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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Over the past 3 weeks the Fed has drained over 0 bln from reserve balances, triggering a dollar short squeeze. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
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| Over the past 3 weeks the Fed has drained over $400 bln from reserve balances, triggering a dollar short squeeze. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ |
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vum.fyi
Wait what
Good info, thanks
Hasnt the market correction already started in Colombia and Chile? I follow carmen reinhart and think 2020 lows will be taken out. Been going down longer than short squeeze. Look at the 5 year in BCH
Dollar short squeeze causing latin currency depreciate aka market going down there
Morning, Asia wake up time, Borneo's…thats info is worth of gold?…PULLBACK is the KEY.. +pursuit to happiness…. Thanks Mike?
You have to up your game Mike. Life is too short to make money slowly.
I realized we are entering a new credit cycle when I see my mail flooded with 0 interest bank offers suddenly
"Let's buy Treasuries and then give them back to the banks. That'll work!"
Mike, Revisiting the original Cares Act Facilities created by the Fed by leveraging $454b from Treasury at 10X. If hypothetically the market filled the $4.54t in leveraged facilities and these facilities had a 40% mark to market hit, how would the Fed deal with the trillions in losses at these facilities on securities that are not government backed? Tks
Great work as always Mike!
Love the daily email updates and MMT Reports!!!!
Bring on the correction. Happy 4th to everyone. Cheers
Daily fiscal flows is not a good way in my opinion to gauge any serious changes. I would stick with the monthly one.
Does anyone understand this?