Posts under ‘The Fed’

Europe gets tested again, the price of waffling. The, no audit, Fed’s latest Euro swap line passes 50 billion, its taxpayer funds why the secrecy?

The tab for the financial sector bailout 29.6 Trillion and counting according to the Levy Institute. Yet the regulators still do not enforce the rules or law.

Commodities brokers client funds not safe? CitiGroup faces trial, will the banksters finally get prosecuted? $700,000+ is not affordable housing, FHA thinks so.

Earnings season has a 64.5% beat rate so far. ISM Services slips fractionally in October but remains positive. Another 6 billion down the Freddie Mac rat hole.

The Federal Reserve helps B of A move 53 trillion in largely unregulated derivatives to its FDIC insured division. If it goes bad us taxpayers are on the hook.

Economic data disappoints to begin the week but stocks move higher. MERS gets sued at the county level in TX alleging evasion of county recording fees.

Stocks plunged early on mounting fears. Commercial real estate and the economy improvemen. The latest FOMC statement shows a Fed in disarray. Banks get cut.

The Fed has backed itself into a corner and has little choice other than the politically unpopular monetization of debt in order to stimulate the economy.

Euro jitters sppoked the markets early. Bank deposits hit a new record near 10 trillion as the public looses faith in real estate and the finacial markets.

Stocks surged during the week but remain negative year to date. The TIC report is negative for a 3rd month in July. Household net worth continues to fall.