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Splat 8/5/22

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20 minutes ago, Jimi said:

“It makes the notion that they are ‘neutral’ comical…. no one likes to see a central bank catching up frantically…. This is bad news foe the Fed’s credibility.”

When CPI commes in higher than expected next week, the FED could start to let‘s say „moderately panic“ 😂


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7/18/22 The setup for both bond and stock market bulls will be as good as it gets for the next 3 weeks. So don’t be fooled. Get ready to do some more selling, or short selling, if you’re of that disposition.

As Good As it Gets, Before the End of Time

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4 hours ago, Jorma said:

Hey doctor.  Since the Reserve Requirement is now zero should we still call the banking system a Fractional Reserve system?  What name do you recommend?

Asking for a friend.

It has been effectively zero for a long time. Ever since sweep accounts. 

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