Wednesday , April 8 2020
Home / David Stockman /The Fed Heads’ Give Mendacity A Wholly New Definition

The Fed Heads’ Give Mendacity A Wholly New Definition

Summary:
He rally didn’t really take off until the repo crisis forced the Fed into treasury bill buying and repo in October of 2019. Everything exploded higher, far above any fundamental basis, and markets, already on a multiple expansion train in 2019, just went into the stratosphere continuing this run into February of this year while […]

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes The Two Easiest Dots Anyone Will Ever Have To Connect

David Stockman writes The Rot Preceded The Covid-19 Shutdown

David Stockman writes No, 80% of America’s Pharmaceuticals Do Not Come From The Chicoms!

David Stockman writes Good Job, Jay: Fed’s Manic MBS Buying Is Destroying Mortgage Lenders’ Hedges

he rally didn’t really take off until the repo crisis forced the Fed into treasury bill buying and repo in October of 2019. Everything exploded higher, far above any fundamental basis, and markets, already on a multiple expansion train in 2019, just went into the stratosphere continuing this run into February of this year while […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *