Why the Fed No Taper Decision is Actually a Tightening

Even with No Fed Taper, Look for Slower Growth in Nominal Transactions by Paul Kasriel, The Econtrarian The Fed decided on September 18 to maintain its rate of securities purchases at $85 billion per month rather than reducing or “tapering” the amount of its monthly securities purchases as was, for reasons not entirely clear to …

Terminal Velocity (13) – “Real Headwinds”

Written by Adam Whitehead, KeySignals.com In Terminal Velocity “Getting Real Interesting”, the thesis that rising U.S. real interest rates were becoming a black hole for global capital was developed. Recent experience in the capital markets suggests that this singularity event has occurred. The cognitive dissonance observed in the Fed’s communications, about the “Taper” and/or the …