The Federal Reserve is up to its old money printing games once again… Earlier this month it quietly purchased a cool $43.6 billion in U.S. Treasuries. This included $8.8 billion in 30-year Treasury bonds on May 8. Several days before that, it bought $20.4 billion in 3-year Treasury notes and $14.8 billion in 10-year Treasury notes. What’s […]
“You put the lime in the coconut, you drank ‘em both up.” – Coconut, Harry Nilsson Breakdown and Reordering of Trade The breakdown and reordering of global trade via President Trump’s tariff policies will have many consequences. Long established trade relationships come with mutual dependency. Abruptly severing or restricting these ties will yank the rug out from […]