Signals from a recent BlacRock paper, confirmed by JP Morgan, show the FED will probably pause at 5.5% on June 14. Because the storm is coming…
Dissident Thoughts
The Fed Pause The Fed will probably pause its rate hiking cycle when the Real Fed Funds Rate/FFR (Fed’s interest rate minus inflation) turns positive. This was mentioned in a recent BlackRock paper which discussed terminal rate options, and JP Morgan acknowledges that this is most typical. Every en…
Further signals coming from falling tax receipts in the USA leading to debt limit deadline to early June…
Dissident Thoughts
As a result of the recent rapid depletion of the Treasury General Account (updated in the Daily Treasury Statement), tax receipts collected after the April 18 deadline are extremely important in determining whether the US debt ceiling crisis will take place some time in September - as most continue…
