And It’s Gone – Remembering September 29, 2008

Here is a reminder of what happened back on that historic September day when an entire generation thought that it couldn’t possibly get worse… which was generally true, at least until March 2020. In the span of just 11 days, the Bush administration and lawmakers, seeing ominous warnings in the credit markets, rushed to create … Read more

Federal Reserve Announces Open-Ended QE to Support the “Economy”

Federal Reserve announces extensive new measures to support the economy Here we go again… But this time it’s different… Additionally, in addition to Treasuries, The Fed will buy Agency Commercial MBS all in unlimited size. For release at 8:00 a.m. EDT (Before the Markets Collapse Open) The Federal Reserve is committed to using its full … Read more