Post Profile

The Moment The Fed Discovered Reflexivity

Back in September 2013, when the Fed was still debating whether to taper or not, caught in a vicious cycle where any hint it would ultimately end QE would be met with a prompt selloff, DB explained how it had found itself in such a reflexive morass: Another theme arising from their decision to hold fire was their worry that financial conditions had tightened over the past few weeks.
read more


Related Posts

How Resilient Is EM To The End Of QE – A Vulnerability Heatmap

Business & Finance : Zero Hedge

The adjustments in core rates markets driven by repeated Fed commentary about its QE policy led to widespread selloffs in EM assets - and as we explained yesterday, this has potential vicious circle implications for developed market...

GOLDMAN: The Fed Could Begin 'The Taper' As Early As September

Business & Finance : Business Insider: Clusterstock

The word of the moment is "taper" as in "when will the Fed begin to taper its monthly purchases of bonds as part of quantitative easing." The question is consuming market talk, as interest rates and the dollar rise. There's an incre...

The Fed's "2016" Problem, Or Why The Taper (Non) Announcement May Just Be A Sideshow

Business & Finance : Zero Hedge

As JPM's Michael Feroli notes, the September FOMC Taper announcement (which certainly isn't assured, although if the Fed does not taper, it will end up monetizing 0.4%-0.5% of the total private TSY stock per week before year end) ma...

Shorting Stocks On These POMO Days May Be Hazardous To Your Health

Business & Finance : Zero Hedge

If anyone expected Bernanke to hint at a tapering in daily monetizations for the month of September, they will be disappointed. Moments ago the NY Fed reported that the Fed will inject a total of $45 billion in the market in Septemb...

The Fed's Reflexive Catch 22 In One Sentence

Business & Finance : Zero Hedge

A month ago, we explained that the key issue complicating the Fed's taper in particular, and exit policy in general, is that the Fed is now caught in a "reflexive" corner, where the mere hint of tightening (because Bernanke just adm...


Copyright © 2016 Regator, LLC