here’s-why-one-bank-is-“terrified”-into-friday

Here’s Why One Bank Is “Terrified” Into Friday

Here’s Why One Bank Is “Terrified” Into Friday Aside from today’s dovish tilt (after this morning’s shitshow of data), the market has scrambling back into “hawkish” expressions over the last week… This shift comes ahead of: 1) anticipated commentary from Jerome Powell at Jackson Hole… …while also, 2) the world watches the European / UK Energy crisis spin…

powell’s-“put”:-out-of-money-&-time

Powell’s “Put”: Out Of Money & Time

Powell’s “Put”: Out Of Money & Time Authored by Michael Pento via PentoPort.com, Despite all the fanfare and cheerleading you hear in the MSFM, the recent bounce in equity prices has just been a rather pedestrian bear market rally. Bull markets are not engendered by a faltering global economy, very high rates of inflation, and the…

twitter-and-truth-are-not-perfect-together

Twitter and truth are not perfect together

Op-ed views and opinions expressed are solely those of the author. Well, I’ve been banned from Twitter for violating their rules; truth is now “hate speech” or some other insanity.  “Truth is its own defense”, was a principle first set forth in Crown v Zenger (1735) when Andrew Hamilton successfully defended John Peter Zenger on…

understanding-the-basics-of-money-demand

Understanding the Basics of Money Demand

For simplicity and elegance, it’s hard to beat the equation of exchange. MV=PY. Money expenditures equal the dollar-value of output. With four easy-to-understand variables, we get a highly useful framework for interpreting monetary policy.  The equation of exchange is also readily modifiable into a testable theory. Assuming (1) stable velocity (V) and (2) non-monetary factors…