Policy Mistakes

Policy Mistakes

Fed Chairman Powell gave the market what they wanted to hear  They always say the Fed makes a "policy mistake" when they remove accommodation The policy mistake is really keeping "emergency measures" permanent Pardon the rant I'm on Bloomberg TV with Taylor Riggs at...
Policy Mistakes

First Call August 27, 2021

S&P and Nasdaq futures are up 0.25% in Friday premarket trading, reversing Thursday's declines when the S&P 500 and Nasdaq fell off of Wednesday's record close. European indexes are mixed, while Asia was mixed overnight.  Treasuries are narrowly mixed. ...
Policy Mistakes

Should The Fed Taper?

I have some thoughts on the Fed taper Everyone expects it but I have some thoughts on why they may not taper everything Leverage is coming down and after Archegos debacle it's not a surprise Watching bonds closely with Powell's speech tomorrow morning   To access...
Policy Mistakes

Guest Contributor – Dave Newman

Here's another great note from my friend Dave Newman Dave has a lot of interesting thoughts again that I believe you'll really enjoy reading Including Investing/trading today, US debt valuation, Inflation, Afghanistan, Tesla, Budget reconciliation, and smartphones To...
Policy Mistakes

First Call August 26, 2021

S&P futures down 0.1% in Thursday premarket trading after finishing higher on Wednesday with the S&P up for a fifth straight session and setting a new record high (index has set more than 50 record highs in 2021). Nasdaq also hit a new record high. Despite the...