“The Bank of England said it will buy long-dated British government bonds to “whatever scale is necessary” in order to restore orderly market conditions.” https://www.washingtonexaminer.com/policy/economy/bank-england-bond-buying-crash Central banks are keenly aware that one of the systemic risks that can occur due…

By Costco standards, the Q4 earnings conference call represented a woodshed beat-down. During the call Q&A, not a SINGLE analyst congratulated Costco on the quarterly result. Rather, the tone of the questioning, by Wall Street standards, was more along the…

“Use only that which works and take it from any place you can find it.” (Lee Jun-fan) Central banks, belatedly, have adopted THE key revisions to monetary supply in order to dampen inflation. US M2 peaked in March 2022 at…