DTUL News and Press, Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L469 From 02/03/19

Today's question, who buys and holds America's federal debt? To begin, the chart below shows the growth of US debt (split between public marketable debt and non-marketable Intra-Governmental holdings) and Federal Funds rate since 1970. Public marketable debt is skyrocketing while debt held b...

Over the past few months, the investing markets have considered Federal Reserve Chairman Powell enemy number one. Earlier this week, the markets once again showed that America's central bank drives sentiment more than any other factor, forget trade wars, forget earnings, forget political drama...

Modern Monetary Theory ((MMT)) is in the news a lot lately. And that has resulted in a number of "critiques." Most of these critiques are, to be blunt, trash. You see, the thing is, MMT is really, really confusing and most people don't get it right at first. So we tend to see lots of "critique...

Following this week's meeting of the Federal Open Market Committee ((FOMC)), the Fed issued a statement that more forcefully signaled its intention to be cautious in the face of a more uncertain outlook. Policymakers also signaled that they view the current stance of monetary policy as more ...

Note : This article was released yesterday to our RIA PRO subscribers . The statement and press conference following the January 30th Federal Reserve policy meeting was, with little doubt, a further pivot to a dovish stance. The statement below is from the prior December meeting and ...

"Both poker and investing are games of incomplete information. You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical." - David Einhorn Looking with interest at the continuation of the rally in both equi...

By Sonal Desai, Ph.D., Executive Vice President, Chief Investment Officer, Franklin Templeton Fixed Income While the US Federal Reserve (Fed) decided to leave interest rates unchanged at its January policy meeting, the market seems to be thinking the Fed may press pause for an extended per...

By Collin Martin As expected, the Federal Reserve on Wednesday kept its key short-term interest rate steady, maintaining the 2.25% to 2.5% target range for the Federal Funds rate.¹ The decision was unanimous. However, although the rate was left unchanged, updates to the Federal Open...

By John Pattullo John Pattullo, Co-Head of Strategic Fixed Income, discusses the range of factors he believes indicate that current inflation is more cyclical than structural. Transcript J ohn Pattullo : 2018 was really a reflationary year driven by Chinese expansion a couple of...

Christine McDaniel is a senior research fellow at the Mercatus Center and was previously the deputy assistant secretary at the U.S. Treasury Department and senior trade economist in the White House. Christine is a returning guest to Macro Musings and joins the show today to talk about recent...