by
Chris Martenson
The Federal Reserve policy statement yesterday was a masterful blend of contradictory words and ideas.
Nonetheless, the markets reacted with great volatility to these words, as though there was some useful information within them. You can read the entire statement for yourself here at this link.
To save you the trouble, what I’ve done is chopped the whole statement up into smaller sections and translated them (with tongue in cheek, but only slightly):
Decoding the Fed
PREVIEW by Chris MartensonThe Federal Reserve policy statement yesterday was a masterful blend of contradictory words and ideas.
Nonetheless, the markets reacted with great volatility to these words, as though there was some useful information within them. You can read the entire statement for yourself here at this link.
To save you the trouble, what I’ve done is chopped the whole statement up into smaller sections and translated them (with tongue in cheek, but only slightly):
by
Chris Martenson
A new Martenson Report is ready for enrolled members.
Link: Housing and Wealth
There are several economic issues and data sets that we are tracking closely here on a daily and weekly basis because they have the best opportunity to help us illuminate the path for a few more feet.
One has been the flow of money into and out of the US. There we’ll continue to track and explain the mechanisms while keeping a firm eye on the dollar and interest rate (via Treasuries) pair.
Another has been the various government and Federal Reserve programs to inject money into the economy and financial institutions, respectively, as these maneuvers have distortive effects on the rest of the data.
But the main driver from a consumer standpoint has been housing. Every so often we dive into that area pretty deeply and this week we head into housing and where we currently stand with respect to prices, inventory, liquidity, and demand.
This is part one of a two part report.
(Comments turned off here, leave them in the posting further down the main page…)
Housing and Wealth
by Chris MartensonA new Martenson Report is ready for enrolled members.
Link: Housing and Wealth
There are several economic issues and data sets that we are tracking closely here on a daily and weekly basis because they have the best opportunity to help us illuminate the path for a few more feet.
One has been the flow of money into and out of the US. There we’ll continue to track and explain the mechanisms while keeping a firm eye on the dollar and interest rate (via Treasuries) pair.
Another has been the various government and Federal Reserve programs to inject money into the economy and financial institutions, respectively, as these maneuvers have distortive effects on the rest of the data.
But the main driver from a consumer standpoint has been housing. Every so often we dive into that area pretty deeply and this week we head into housing and where we currently stand with respect to prices, inventory, liquidity, and demand.
This is part one of a two part report.
(Comments turned off here, leave them in the posting further down the main page…)
by
Chris Martenson
The Flow of Funds report, covering the second quarter of 2009 (through June), was released today by the Federal Reserve. It revealed yet another retreat in total credit, despite the heroic levels of state and federal government borrowing.
One of the better windows available into the macro credit and borrowing universe is a quarterly report put out by the Federal Reserve called the “Flow of Funds” report. While it is a bit dated already (the report covers through the end of June), it is a great snapshot of the big trends and can tell us much about the general direction in which we are headed. This report was released today (9/17/2009) at 12:00 p.m.
Here are a few of the fascinating findings…
Flow of Funds Analysis – Big Declines in Credit Market Debt (Except for Government)
PREVIEW by Chris MartensonThe Flow of Funds report, covering the second quarter of 2009 (through June), was released today by the Federal Reserve. It revealed yet another retreat in total credit, despite the heroic levels of state and federal government borrowing.
One of the better windows available into the macro credit and borrowing universe is a quarterly report put out by the Federal Reserve called the “Flow of Funds” report. While it is a bit dated already (the report covers through the end of June), it is a great snapshot of the big trends and can tell us much about the general direction in which we are headed. This report was released today (9/17/2009) at 12:00 p.m.
Here are a few of the fascinating findings…
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