This crybaby stuff is just funny. So let’s have a look. What we can loosely call our spoiled-rotten Wall Street crybabies – hedge fund magicians, investment…
Rapid Declines in the Fed’s Overnight Reverse Repurchase (ON RRP) Facility May Start to Slow Abstract: The value of assets held at the Federal Reserve’s…
QT’s impact on the Fed’s liabilities, and the massive movements between them. The daily measure of Overnight Reverse Repurchase agreements (ON RRPs) at the…
<p><span>Thank you very much for inviting me to be part of the H. Parker Willis Lecture Series. As you know, Dr. Willis was a distinguished professor here at Washington and Lee University. Among many other accomplishments, he helped create the Federal Reserve System. He served as the first secretary to the Federal Reserve Board from 1914 to 1918 and later as the first research director.</span></p>