Entries by Gary Kaltbaum


—–Wow. In the past week, our central bank has:—– 1) Slashed rates to 0%. 2) Add QE of $750 billion to the already NOT QE. 3) 0.25 loans to banks. 4) Swap lines. 5) Commercial paper facility. 6) Primary dealer facility. 7) Money market facility. ——None of this helped markets. We then got other countries […]