EPISODE · Jun 23, 2021 · 1H 6M
The Bond Market Foreshadows
from Eurodollar University · host Jeff Snider
PART 01: After the Federal Reserve raised the return on one of its bank programs, a record $756 billion flowed into the central bank’s reverse repo facility. Jerome Powel said, "We're not concerned." He should be. Like the Fed should've been in 2017 when something similar happened. A warning. Again.PART 02: How is it possible 14 years of data shows the Federal Reserve FLAILING ABOUT trying to raise or lower bond yields with MASSIVE purchases of securities via quantitative easing? Because they were 'massive'. The CENTRAL BANK IS NOT CENTRAL to money. The bond market is.PART 03: The multi-year benchmark revisions to Retail Sales and Industrial Production reveal - Surprise! - the economy was much worse than initially reported. But guess who wasn't surprised? The bond market.---------SEE IT-----------Alhambra YouTube: https://bit.ly/2Xp3royEmil YouTube: https://bit.ly/310yisL---------HEAR IT----------Vurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgBreaker: https://bit.ly/2CpHAFOCastbox: https://bit.ly/3fJR5xQPodbean: https://bit.ly/2QpaDghStitcher: https://bit.ly/2C1M1GBPlayerFM: https://bit.ly/3piLtjVPodchaser: https://bit.ly/3oFCrwNPocketCast: https://pca.st/encarkdtSoundCloud: https://bit.ly/3l0yFfKListenNotes: https://bit.ly/38xY7pbAmazonMusic: https://amzn.to/2UpEk2PPodcastAddict: https://bit.ly/2V39Xjr--------REFERENCES--------The FOMC Accidentally Exposes Itself (Reverse Repo-style): https://bit.ly/3zCfXTe79a Warning: the Fed's Reverse Repo Program Surges!: https://youtu.be/9VqAB07ny4wUpcoming Bill Cliff Refunding Recalls Rerun Reverse Repo: https://bit.ly/3j59E4POvernight RRP Operations as a Monetary Policy Tool: https://bit.ly/2TN1XFrNo Reason To Toss Out Low Rates In The Inflation Debate: The Repo Rat Rate Fallacy: https://bit.ly/3wKjjS860a Quantitative Easing: 20-Year Anniversary!: https://youtu.be/9eTqYTP0VqoYields, Not Dots; Another Example of Why Inflation Had(s) No Chance: https://bit.ly/3cUi8YCMore Than A Benchmark Peeve: https://bit.ly/3vGaWG0---------WHO-----------Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Art by David Parkins. Podcast intro/outro is "Purist" by Ballpoint at Epidemic Sound.
What this episode covers
US Treasuries forewarn of what lies in wait in the shadows.
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The Bond Market Foreshadows
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