Archived IMT (2009.05.20)
For every One USD the Fed buys, the Treasury borrows 3 times as much in the building just 6 blocks away. And the dollar is spaying the cost of this arrangement. Stocks remain consistent with our view for a topping out pattern. But the dollar is showing some serious signs of corrosion, gradually breaking down from its usual inverse relation with equities. This could be a long complex summer.
Stimulus Snag, China Chugs Along
by Adam Button | Aug 3, 2020 14:46
ندوة مساء الثلاثاء مع أشرف العايدي
by Ashraf Laidi | Aug 3, 2020 12:50
Some August Seasonals
by Adam Button | Jul 31, 2020 15:48
From Fed to Q2 GDP
by Adam Button | Jul 30, 2020 12:50
What Does the Fed See?
by Adam Button | Jul 29, 2020 17:32