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Three Broken Legs: The Fed, Stock Buybacks & Passive Index Funds

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stock buybacks

Three Broken Legs: The Fed, Stock Buybacks & Passive Index Funds

Below, we look at the three broken legs keeping our broken market stool wobbling rather than falling. Hint: One of

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Fed intervention

How Fed Intervention is Playing You

Folks, if you had any doubts about what drives our market, yesterday’s 25 basis point rate cut should now make

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Fed market

The Fed Experiment—Good Until It’s Not

Below, we look at the Fed Experiment playing out today and what you can do to trade its signals based

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Powell, the Fed and the Art of Faking It.

Below, we look at Jerome Powell’s recent capitulation to Wall Street, inflation reality, the danger of trusting the Fed and

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the Warfare State

The Fed, The Warfare State and The Wall Street Bailout—Three Skunks in the American Woodpile.

  Below we look at the Fed, the budget of the Warfare State and the post-08 Wall Street bailout to

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The Fed

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What Is the Federal Reserve?

Federal Reserve In a Nutshell: The Federal Reserve is a private bank, independent of governmental oversight, which ironically and nevertheless

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bond and stock markets

Bond Risk: More Important than Tax Reform, Politics, or the New Fed Chair

Bond Risk Bond markets and bond risk are far more relevant today than worrying about politics, tax reform, the next

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