QE creates money. QT does the opposite: it destroys money. Total assets on the Fed’s weekly balance sheet as of July 6, released this afternoon, fell by $22 billion from the prior week, and by $74 billion from the peak in April, to $8.89 trillion, the lowest since February 9, as the Fed’s quantitative tightening (QT) […]
https://pricklypear.news/wp-content/uploads/fedtaper.jpg339509Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2022-07-11 01:58:452022-12-15 09:05:43Fed’s QT Kicks Off: Total Assets Drop by $74 Billion from Peak, New Era Begins
In the world of investing, there is a well-known concept referred to as the Rule of 72. It states that because of compound interest, 72 divided by your rate of return will always yield the number of years necessary to double your initial investment. The simplest math to do it with would be that it […]
https://pricklypear.news/wp-content/uploads/dollar-2387088__340.webp340510Connor Mortellhttps://pricklypear.news/wp-content/uploads/logo_2023.pngConnor Mortell2022-07-08 02:00:572022-07-06 06:27:30Inflation And The Rule of 72
Poorer markets can still clear. So why won’t they? All sorts of shortages are now popping up in our economy. At the head of the list is undoubtedly infant formula, but there are literally dozens of other items in short supply. There are so many of them that I feel constrained to mention them […]
The stock market ended the second quarter on a sour note. It has had the worse start for a year in five decades. While this is not exclusively the fault of the current President, his attitude towards inflation, energy production, and social policy, has certainly contributed to the losses. Starting very early in the year, […]
https://pricklypear.news/wp-content/uploads/iStock-503640774-scaled.jpg17072560Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2022-07-06 02:00:362022-07-06 06:59:19Investments End Second Quarter on A Sour Note
A landmark June 30 Supreme Court ruling in favor of plaintiff states in West Virginia v. EPA will have enormously profound and far-reaching separation of powers implications limiting de facto lawmaking powers of executive branch-controlled regulatory agencies. Whereas certain special interest groups are vehemently criticizing the court’s 6-3 vote determination as “anti-environmental,” this is a grossly […]
The Biden administration announced a five-year plan Friday that prevents new offshore oil drilling projects in the Atlantic and Pacific oceans. The proposed plan will give the administration the ability to hold no new lease sales at all, according to the Interior Department. The plan could allow a maximum of 11 oil lease sales for […]
https://pricklypear.news/wp-content/uploads/oil-rig-5232047__480.jpg480800Jack Mcevoyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngJack Mcevoy2022-07-06 01:55:562022-07-03 11:50:38Biden Administration Looks To Halt Offshore Drilling In Atlantic, Pacific Amid Energy Crisis
The CNN Index invites a simple question. “What emotion is driving the market now?” If you ever find yourself on the business section of CNN’s website, you’ll notice a peculiar thing on the top of your screen. There you’ll find a small ticker labeled “Fear and Greed Index.” The ticker invites a simple question. […]
https://pricklypear.news/wp-content/uploads/new-york-city-wall-street-bull.webp650900Peter Jacobsenhttps://pricklypear.news/wp-content/uploads/logo_2023.pngPeter Jacobsen2022-07-05 02:00:242022-07-02 12:00:43The Boom-Bust Cycle is Not a Greed-Fear Cycle
Governments, corporations, and elites have always been fearful of the power of a free press, because it is capable of exposing their lies, destroying their carefully crafted images, and undermining their authority. In recent years, alternative journalism has been growing and more people are relying on social media platforms as sources of news and information. […]
https://pricklypear.news/wp-content/uploads/censorship-wire-1.jpg330480Birsen Filiphttps://pricklypear.news/wp-content/uploads/logo_2023.pngBirsen Filip2022-07-04 02:00:212022-07-04 13:54:52The Great Reset in Action: Ending Freedom of the Press, Speech, and Expression
With a recession looming over the average American, the group to blame is pretty obvious, this group being the central bankers at the Federal Reserve, who inflate the supply of currency in the system, that currency being the dollar. This is what inflation is, the expansion of the money supply either through the printing press […]
https://pricklypear.news/wp-content/uploads/iStock-147036034-scaled.jpg17072560John Kennedyhttps://pricklypear.news/wp-content/uploads/logo_2023.pngJohn Kennedy2022-07-03 02:00:132022-07-03 08:33:33How Bad Were Recessions before the Fed? Not as Bad as They Are Now
COVID-19 triggered lockdowns around the world never before seen. It isn’t the worst pandemic the world has seen, so why were government interventions so swift? There are really two reasons. One, broadband and laptops. Had there not been ways to continue working for the governments and remote learning to bridge education, we’d have not seen […]
https://pricklypear.news/wp-content/uploads/burningpapder.jpg469800Michael Betrushttps://pricklypear.news/wp-content/uploads/logo_2023.pngMichael Betrus2022-07-02 02:00:312022-07-03 08:22:15Weekend Read: How the Media Fueled the Lockdowns
Fed’s QT Kicks Off: Total Assets Drop by $74 Billion from Peak, New Era Begins
/in Economy, Featured, Personal Finance, Politics/by Wolf RichterQE creates money. QT does the opposite: it destroys money. Total assets on the Fed’s weekly balance sheet as of July 6, released this afternoon, fell by $22 billion from the prior week, and by $74 billion from the peak in April, to $8.89 trillion, the lowest since February 9, as the Fed’s quantitative tightening (QT) […]
Inflation And The Rule of 72
/in Culture War, Economy, Politics/by Connor MortellIn the world of investing, there is a well-known concept referred to as the Rule of 72. It states that because of compound interest, 72 divided by your rate of return will always yield the number of years necessary to double your initial investment. The simplest math to do it with would be that it […]
These Widespread Shortages Can’t Be Explained by Supply Constraints Alone
/in Culture War, Economy, Featured, Politics/by Walter BlockPoorer markets can still clear. So why won’t they? All sorts of shortages are now popping up in our economy. At the head of the list is undoubtedly infant formula, but there are literally dozens of other items in short supply. There are so many of them that I feel constrained to mention them […]
Investments End Second Quarter on A Sour Note
/in Economy, Featured, Politics/by Neland NobelThe stock market ended the second quarter on a sour note. It has had the worse start for a year in five decades. While this is not exclusively the fault of the current President, his attitude towards inflation, energy production, and social policy, has certainly contributed to the losses. Starting very early in the year, […]
SCOTUS Message to EPA, Agencies: You’re Not Legislatures
/in Culture War, Economy, Environment, Featured, Liberty, Politics/by Larry BellA landmark June 30 Supreme Court ruling in favor of plaintiff states in West Virginia v. EPA will have enormously profound and far-reaching separation of powers implications limiting de facto lawmaking powers of executive branch-controlled regulatory agencies. Whereas certain special interest groups are vehemently criticizing the court’s 6-3 vote determination as “anti-environmental,” this is a grossly […]
Biden Administration Looks To Halt Offshore Drilling In Atlantic, Pacific Amid Energy Crisis
/in Economy, Environment, Featured, Politics/by Jack McevoyThe Biden administration announced a five-year plan Friday that prevents new offshore oil drilling projects in the Atlantic and Pacific oceans. The proposed plan will give the administration the ability to hold no new lease sales at all, according to the Interior Department. The plan could allow a maximum of 11 oil lease sales for […]
The Boom-Bust Cycle is Not a Greed-Fear Cycle
/in Culture War, Economy, Featured/by Peter JacobsenThe CNN Index invites a simple question. “What emotion is driving the market now?” If you ever find yourself on the business section of CNN’s website, you’ll notice a peculiar thing on the top of your screen. There you’ll find a small ticker labeled “Fear and Greed Index.” The ticker invites a simple question. […]
The Great Reset in Action: Ending Freedom of the Press, Speech, and Expression
/in Culture War, Economy, Education, Featured, Liberty, Politics/by Birsen FilipGovernments, corporations, and elites have always been fearful of the power of a free press, because it is capable of exposing their lies, destroying their carefully crafted images, and undermining their authority. In recent years, alternative journalism has been growing and more people are relying on social media platforms as sources of news and information. […]
How Bad Were Recessions before the Fed? Not as Bad as They Are Now
/in Economy, Featured, Liberty, Politics/by John KennedyWith a recession looming over the average American, the group to blame is pretty obvious, this group being the central bankers at the Federal Reserve, who inflate the supply of currency in the system, that currency being the dollar. This is what inflation is, the expansion of the money supply either through the printing press […]
Weekend Read: How the Media Fueled the Lockdowns
/in Culture War, Economy, Education, Featured, Healthcare, Liberty, Politics/by Michael BetrusCOVID-19 triggered lockdowns around the world never before seen. It isn’t the worst pandemic the world has seen, so why were government interventions so swift? There are really two reasons. One, broadband and laptops. Had there not been ways to continue working for the governments and remote learning to bridge education, we’d have not seen […]