What Is the Federal Bond Market Really?
Debunking some widely-held, elite-serving beliefs about the function of the Federal bond market.
We haven't written up this one. Naked Capitalism has the full story — the link below goes straight to it.
What's breaking now, across thousands of outlets.
Debunking some widely-held, elite-serving beliefs about the function of the Federal bond market.
We haven't written up this one. Naked Capitalism has the full story — the link below goes straight to it.
It's significantly boosting its quarterly share repurchase program.
Key PointsBoth the Buffett indicator and the Shiller CAPE ratio show that stocks are at historically expensive levels.
The central bank’s sell/buy swaps have pushed dollar-rupee forward premiums higher, raising the cost of hedging dollar exposure, with the one-year premium up around 50 basis points this month
Key PointsThe market is pricing Micron stock as though it assumes the demand wave for memory will fizzle out in the next 12 months.
The transaction could reportedly raise US$300 million between November and March