An Appropriate Take on the Fed

     Eons ago, working in an occupation with the word, "Analyst", in our job title, we were struck by the overwhelming volume of peer reports drowning the reader in a litany of items, presumably mostly irrelevant, without any attempt whatsoever to condense ponderous thought down to the core causal factors, most often just one or two, that proper scrutiny will place at the heart of any matter screaming to be analyzed.

     Sadly, we can't say much has changed there over the years.

     And so, while reading the piece accessed below, exemplary for its clarity and focus, we decided the link had to be passed along to our valued subscribers.  When talk of the next bear market comes your way, think Fed.  Williams Market Analytics, LLC will tell you what's up with that, and, in their opinion and ours, here's what you need to know; you may not find this stuff expressed as well again:

https://seekingalpha.com/article/4083574-federal-reserve-dismal-failure-shrewd-complicity?ifp=0

Is Yellen Taking Trump Down?

     For one reason, and one reason only, the Fed has made certain that all Treasury securities issued lately paid no-or-low interest rates: to keep Washington communists from facing the consequences of a wild-spending fiscal debauch during the Barry Soetoro years.  The interest expense a free market should've charged to cover their execrable deficits would've brought the Federal Government down, and every Marxist in what is laughably still called the "Democratic" Party should've been run out of town for it.  Instead, a T-bond market rigged by the Fed has kicked this shitcan down the tollroad, letting insidious political monsters buy votes with free stuff to the point where the capitalist economy has turned dysfunctional.

     This week, J. Smellin' Yellin announced that the Fed would start to reduce their Treasury bond holdings some day kinda soon, but left the specifics unspoken so that nobody knows what the huh? she's talking about, including us.  A sudden full policy reversal could cause the markets to revisit our guns and butter days, a time that saw interest rates on the long bond approach 20%, which would surely spawn a catastrophic stock market "matter", in the risible parlance of a recent pinko Attorney General.

     Since all of Nether Washington is preoccupied with this villainous attempt to defeat Superdonald some day soon, one can't help but wonder about Smellin's intentions.  Is she in on the coup detat?  Mouthing off again is all it would take to pile on at a strategically opportune moment, and inflict a crippling blow.

     In short, add J. Smellin' Yellin and her smarmy pack of Monetary Archfiends to the long, long list of maleficent swamp critters The Man of Deal needs to squish underfoot as our heroic patriot sloshes through muck and mire to deliver on his righteous promise to MAKE AMERICA GREAT AGAIN.

     

Negative Real Interest Rates

     Lest we forget where reckless central banking has been taking us:

https://seekingalpha.com/article/4078506-less-zero-fed-killed-saving?ifp=0

     (A free Seeking Alpha subscription taps the individual investor into helpful knowledge in areas far afield from one's own, particularly through peers with no supply side agenda.  Some discrimination is warranted, however.)

Propaganda Machine Endangers Democracy

     It's reached the point where paying your monthly cable TV bill has become an act of treason.  We urge patriotic Americans to stop supporting this dastardly subversion by cancelling your subscriptions today:

http://www.breitbart.com/radio/2017/06/09/caddell-dishonest-anti-trump-media-become-danger-democracy/

Where Did We Go So Wrong?

     Dr Ileana Johnson Paugh answers that one and more at this link:

http://canadafreepress.com/article/how-did-we-get-here

     Be sure to consider taking out a free subscription to Canada Free Press, one of the rare sources of real news to be found these days, while you're there.