It’s Bullish…Always Last Wednesday, the Federal Reserve announced the latest decision concerning monetary policy which contained three primary components: A cut of 25bps Stopping balance sheet reductions (or Quantitative Tightening or Q.T.) An outlook suggestive this may be the only rate cut for a while. While stocks dropped on disappointment they Fed may not cut […]
“If the U.S. economy entered a recession soon and interest rates fell in line with levels seen during the moderate recessions of 1990 and 2001, yields on even longer-dated Treasury securities could fall to or below zero.” – Senior Fed Economist, Michael Kiley – January 20, 2020 I was emailed this article no less than twenty times within a few hours of it hitting the press. Of course, this was […]