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Ahead Of The Fed: Bessent, Bullion, Bans, & Hawkish Bias

Ahead Of The Fed: Bessent, Bullion, Bans, & Hawkish Bias Authored by Peter Tchir via Academy Securities, Before jumping into the Fed, let’s just spend another minute on diesel, and Bessent’s “Performance” which along with Warsh’s Difficult Task, were formed the bulk of last weekend’s Never Forgotten! And Some Work Stuff… Bessent’s "Performance" & Bullion On the Treasury buyback, we didn’t even get to the full $6 billion. The buyback focused on off the run treasuries, deemed as “cheap”, but not cheap enough that the Treasury Department would “overpay”. If you really want to move bond...
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"A Big Win Today": Trump Cheers As Trade Court Upholds Shutdown Of $800 De Minimis Duty Exemption
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The Greatest Cover-Up In Economic History: How Washington Hid Its Role In The 2008 Crash
The Greatest Cover-Up In Economic History: How Washington Hid Its Role In The 2008 Crash Authored by Kevin Villani via Mises Institute, The commentary in a recent Wall Street Journal by Senator Phil Gramm and Representative Jeb Hensarling did the nation an immense service by dismantling the persistent myth that private market greed and financial deregulation caused the 2008 financial crisis. As they rightly pointed out, inflation-adjusted mortgage rates during the bubble era were historically high, and financial institutions were suffocating under increasingly strict federal mandates, not running wild in a...
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