Bond Market Warning?

September 12, 2022 I would like to call your attention to an article in today’s New York Times, by Joe Rennison, with the headline: “Fed’s Fading Support Puts Bond Market Back at Risk.” (Monday, 9/12/2022) As the Fed tries to reduce its swollen balance sheet of $9 Trillion Dollars (up from the $4 Trillion Dollar…… Continue reading Bond Market Warning?

Powell to the Rescue?

After several days of speculation, Federal Reserve Chairman Powell raised interest rates 3/4’s of a point, in a determined effort to choke off inflationary forces. Although this shows how determined the members of the “Fed” are in trying to bring inflation back under control, concerns are starting to grow, that this may also produce a…… Continue reading Powell to the Rescue?