The Fed is leaving ETraders high and dry
The Fed is reducing asset purchases into a weakening economy, leaving Etraders holding the bag.
Below, the Fed balance sheet with velocity of money. Fed attempts to encourage more reckless borrowing have largely failed (except of course at the Federal level):
HONEST GDP
This is GDP Per capita removing the annual Federal Deficit
Attempts to borrow our way out of a debt crisis have "surprisingly" failed
Attempts to borrow our way out of a debt crisis have "surprisingly" failed
This just in: New Home Sales Collapse 20% Sequentially
This is why 0% interest rates are not helping the economy. Because interest rates work through the housing market and the market for new homes is back at 1960s levels (the blue line is the U.S. population):
This is why 0% interest rates are not helping the economy. Because interest rates work through the housing market and the market for new homes is back at 1960s levels (the blue line is the U.S. population):
"MISSION ACCOMPLISHED"
The Fed is tapering monthly money printing ("bond purchases"), because their "unemployment" target was met. Here are total jobs divided by U.S. population:
A Jedi Mind Trick for Stoned Zombies (95% correlation)
The Fed is tapering monthly money printing ("bond purchases"), because their "unemployment" target was met. Here are total jobs divided by U.S. population:
A Jedi Mind Trick for Stoned Zombies (95% correlation)
Printing money to inflate stocks while the real economy fades into oblivion
The dumbest fucking thing any society has tried in the history of mankind
What the Treasury bond market thinks about all of this chicanery. The Fed is buying fewer bonds, yet yields just keep on falling. Bond yields were higher during the 2009 recession, than they are today...
THE EXPERIMENT IS ENDING.
