Loading ...Powell actually said today the Fed may need to expand their balance sheet sooner than expected – I think that’s a nice way of saying more QE is coming sooner rater than later.
Iran is Saudi Arabia’s problem. The house of Saud is getting their asses kicked in Yemen. Their problem. Now if Israel wants to join the fray. God bless em’. I just don’t want US troops in another quagmire in the M.E. That’s the one thing Trump has prevented us from doing so far – that he promised. We’ll see if the Neocons pressure him into another major war. You probably will get your wish.
Other than the last 10 minutes this wasn’t a horrible day. We’ve certainly seen worse in pm’s from lower levels. If the Fed has more overnight Repo problems tonight they’ll have a helluva time glossing over them