TYBS News and Press, Direxion Daily 20+ Year Treasury Bear 1X Shares Direxion Shares ETF Trust From 06/17/20

Editor's note: Originally published at tsi-blog.com on June 17, 2020. [This blog post is an excerpt from a recent TSI commentary] The year-over-year rate of growth in US True Money Supply ((TMS)), a.k.a. the US monetary inflation rate, has continued its journey "to da moon." Based on...

Peter Stella joined me on the podcast this week. He was back by popular demand and we touched on two important and related questions: how should the government finance its relief efforts and who should ultimately manage the public debt? The U.S. Treasury may seem like the obvious answer to b...

We have argued on a number of occasions that unpayable amounts of government debt and unbridled central bank debt monetization make high inflation in the U.S. all but inevitable (see ' The Inflation/Deflation Debate: Taking The Over '). The ongoing protest movement could well be the spark that...

More and more information is coming out relating to the financial meltdown association with the recession of 2020 - the specific news of the day has to do with Chesapeake Energy Corp. (NYSE: CHK) moving into the " Bankruptcy Countdown ," and BP PLC (NYSE: BP) who is writing down assets by $17...

Below are the slides from my presentation at Beyond Covid on 12th June. The whole webinar can be viewed here . The pandemic seems to me to resemble the "nuclear disaster" scenarios of my youth: hide in the bunker, then creep out when the immediate danger is over, only to find a world that i...

Governments have rolled out large open-ended fiscal and monetary efforts to tackle the coronavirus pandemic that will require massive borrowing. Anthony Okolie talks with Sohaib Shahid, Senior Economist, TD Bank, on the risks to major economies and the long-term implications for future ge...

Interest rates are back in the news again. The Fed held its meeting and press conference this week. The official statement is here . The economic projections are here . If you don’t want to bother reading them, you can watch the press conference here . But rates are not back in the n...

Global debt is soaring. US government debt is soaring. And, so day this debt burden is going to have to be dealt with. The question is, "How Soon?" As I discussed yesterday, the ability to deal with the debt load is going to depend upon how quickly the US economy recovers from the econom...

This week, the Federal Reserve played the adult in the economic room, stating that the US economy was in the middle of a deep recession and that the road to recovery would likely be long and difficult. Normally, the Fed's policy statement uses very neutral and bland language to avoid tipping...

By Pater Tenebrarum Printing Until the Cows Come Home… It started out with Jay Powell planting a happy little money tree in 2019 to keep the repo market from suffering a terminal seizure. This essentially led to a restoration of the status quo ante "QT" (the mythical beast known a...