Fed – LunaticTrader

In debt we trust

On Twitter, Stocktwits and sites like Zerohedge you keep seeing messages contending that debt is getting too high and thus the US economy must be on its way to another collapse. Not rarely you will see this kind of “news” backed up with data and charts taken straight from the Fed’s FRED website (https://fred.stlouisfed.org/). The… Continue reading In debt we trust

Putting the QE toothpaste back in the tube

Last year I wrote an article on what to look for when the Fed unwinds its QE program: Quantitative squeezing – what you need to know. Since the start of QT (quantitative tightening) the stock market is more or less flat and long term bonds are down about 10% yoy. Let’s have a look at… Continue reading Putting the QE toothpaste back in the tube

Quantitative squeezing – what you need to know

Stock markets keep inching higher and people probably start thinking that nothing can bring them down. Real volatility has also dropped to new all time lows. That’s strange because there is unusual uncertainty on the horizon already. The US Fed has announced that it will start unwinding its decade old QE programs and that’s something… Continue reading Quantitative squeezing – what you need to know