Noland is a smart dude, no question about it.
The Fed has to cut for two simple reasons, the interest on the debt is unmanageable and the USD is too strong.
Not sure what’s going on with the Repo’s and the liquidity crunch and POMO er…QE
Noland is a smart dude, no question about it.
The Fed has to cut for two simple reasons, the interest on the debt is unmanageable and the USD is too strong.
Not sure what’s going on with the Repo’s and the liquidity crunch and POMO er…QE
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