"How much money would it take for the NY Fed to throw at Wall St. before the New York Times reports to its readers on the biggest Wall St. bailout by the Fed since the financial crisis?"
Most important story on earth right now. Zero mass media coverage.t.co/N0NVt423L4
— Michael Krieger (@LibertyBlitz) December 16, 2019
2019 will be the 4th best year ever for global stocks. It only took every central bank conducting QE simultaneously, for the first time since the financial crisis pic.twitter.com/KDzM21dhFt
— zerohedge (@zerohedge) December 18, 2019
150%. We've arrived. pic.twitter.com/co0fjykBwM
— Sven Henrich (@NorthmanTrader) December 18, 2019
Market Cap to GDP: An Updated Look at the Buffett Valuation Indicator
The denominator in the charts below now includes the Advance Estimate of Q3 GDP and the October close data.
Fed Has Thrown Kitchen Sink at Repo Issue, BofA’s Cabana Says
BofA Securities head of U.S. rates strategy, discuss the Federal Reserve’s approach to preventing flare ups in the repo market.
Bailing Out Bankers Is All the Rage Again
After the financial crisis, Europe’s political leaders put together a complex set of rules to make it harder for future governments to bail out banks. That system is looking so full of holes that one wonders what the point of it is…