So interesting, in 2016 as the global slowdown approached. The Fed shelved 8 promised rate hikes, and continued $25B a month of QE easing. Heading into 2019’s global recession risks, they hiked rates 4x and continued $50B a month of balance sheet tightening QT. Deep State?
The Troubled Asset Relief Program Monthly 105(a) Report for July 2019 is now available.: The Troubled Asset Relief Program Monthly 105(a) Report for July 2019 is now available. SL FED
The July 31, 2019 Dividends and Interest Report from the US Treasury is now available.: The July 31, 2019 Dividends and Interest Report from the US Treasury is now available. SL FED
Trump is likely to save nearly $1 million in annual borrowing costs after the Fed cut interest rates
We are winning, big time, against China. Companies & jobs are fleeing. Prices to us have not gone up, and in some cases, have come down. China is not our problem, though Hong Kong is not helping. Our problem is with the Fed. Raised too much & too fast. Now too slow to cut....
If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%...with almost no inflation. Quantitative tightening was a killer, should have done the exact opposite!