The Important Shift From QE To QT

August 16, 2018

We talk a lot about what central banks do at each meeting and the forward projections but the overall trend that was started by the Fed has been a shift toward QT. Chris Tempe and I discuss how this impacts all aspects of the markets, globally, as well as inflation. It seems we will all have to wait for the shift back to QE to get some of the markets we watch closely moving significantly higher again.

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    Aug 16, 2018 16:24 AM

    Short Monsanto……….
    Been saying the above for 20 yrs……..

      Aug 16, 2018 16:40 AM

      Everything is toxic AND everything is benign. It all depends on the dose and variations within the human population, a perspective that is often missing from most debates over toxicity.

        Aug 16, 2018 16:19 AM

        Dr. Stephanie Seniff of MIT says that the glyphosate in the GMO grain combines with the aluminum and mercury in the vaccines to cause autism, asthma, allergies, A.D.D., Parkinson’s, dementia, and MS in so many people. I avoid glyphosate and vaccines. The FDA and the CDC and the media are sock puppets for Monsanto and big pharma who spend more money bribing officials than the oil and defense companies combined.

          Aug 16, 2018 16:23 PM

          The FDA and CDC are unconstitutional. So is government money given to MIT.

    Aug 16, 2018 16:44 AM

    If Chris is correct in his thoughts about price inflation, it will be good for the average Joe. That will translate into stocks continuing upward, trump staying popular and interest rates climbing as planned.
    Kind of boring in that things are going onward and upward in that old linear fashion instead of the “end” that some are talking about. Guess I’ll just go fishin’.

    Aug 16, 2018 16:03 AM

    At least we didn’t have to put up with this for 8 years…

    Aug 16, 2018 16:11 AM

    You boys see this?

    Shows just how far that city has fallen. But you ain’t seen nothing yet. The ex-mayor of that crap infested city will be the next governor of Commiefornia and he’s promising all sorts of goodies like free healthcare and he wants universal pre-kindergarden indoctrination for all the kiddies plus wide open borders. The whole damn state will be a sanctuary state. And of course he wants massive increase in taxes and debt.

    San Francisco creates ‘Poop Patrol’ to clean up city’s feces-ridden sidewalks

    Aug 16, 2018 16:19 AM

    Hungary got rid of Sorrows…not every country is going to surrender to this evil bastard.

    Soros foundation to quit Hungary by end-August

    Aug 16, 2018 16:40 AM

    crack is beginning…..

    WASHINGTON (AP) — The United States and China are resuming trade talks, raising hopes for a way out of an intensifying dispute between the world’s two largest economies.
    White House economic adviser Larry Kudlow told reporters Thursday that the U.S. team will be led by David Malpass, U.S. Treasury under secretary for international affairs. Earlier, China said it would send a delegation led by a deputy commerce minister.
    This meeting would be the first between senior U.S. and Chinese officials since June 3 talks in Beijing ended with no settlement. The United States has already imposed taxes on $34 billion in Chinese goods, drawing Chinese retaliation. President Donald Trump is readying tariffs on $216 billion more, and Beijing has vowed to counterpunch with its own trade sanctions.
    “We haven’t really had a sit-down with them in quite some time at any level. So who knows? But it’s got to be a good thing,” said Kudlow, director of the National Economic Council.

    Aug 16, 2018 16:46 PM

    NEW YORK (AP) — After long resisting change, Twitter CEO Jack Dorsey wants to revamp the “core” of the service to fight rampant abuse and misinformation. But it’s not clear if changing that essence — how it rewards interactions and values popularity — would even work.
    Though Dorsey was scant on details, what is certain is that the move will require huge investments for a company that doesn’t have the same resources that Google and Facebook have to throw at the problem. Any change is likely to affect how users engage with Twitter and hurt revenue, testing the patience of both users and investors.

    Aug 16, 2018 16:49 PM

    SAN FRANCISCO (AP) — Google has revised a help page that erroneously described how its “Location History” setting works, clarifying for users that it still tracks their location even if they turn the setting off.

    On Monday, an Associated Press investigation revealed that several Google apps and websites store user location even if users have turned off Location History. Google has not changed its location-tracking practice in that regard.

    But its help page now states: “This setting does not affect other location services on your device.” It also acknowledges that “some location data may be saved as part of your activity on other services, like Search and Maps.”

    Previously, the page stated: “With Location History off, the places you go are no longer stored.”

    The AP observed that the change occurred midday Thursday, three days after the AP’s initial report.

    Aug 16, 2018 16:18 PM

    Did y’ll watch Trump’s cabinet meeting today?

    Wage growth growing at 3%.

    California Government really slammed as incompetent in Land management.
    Why is the US importing billions of dollars of lumber?
    Why is the Government spending $3 billion on firefighting?
    When there are a whole lot of dead and dying trees that are not used for lumber or ever cleared out from being fuel for fires.

    Aug 16, 2018 16:26 PM

    Will Amazon be far behind Kroger?
    SCOTTSDALE, Ariz. (AP) — At a time when big-box retailers are trying to offer the same conveniences as their online competitors, the biggest U.S. grocery chain is testing the use of driverless cars to deliver groceries in a Phoenix suburb.
    Kroger’s pilot program launched Thursday morning with a robotic vehicle parked outside one of its own Fry’s supermarkets in Scottsdale. A store clerk loaded the back seat with full grocery bags. A man was in the driver’s seat and another was in the front passenger seat with a laptop. Both were there to monitor the car’s performance.
    Under the self-driving service, shoppers can order same-day or next-day delivery online or on a mobile app for a flat rate of about $6. After the order is placed, a driverless vehicle will deliver the groceries curbside, requiring customers to be present to fetch them. The vehicles will probably be opened with a numeric code.
    Currently, Kroger is operating with Toyota Prius vehicles. During the next phase of testing in the fall, deliveries will be made by a completely autonomous vehicle with no human aboard.
    Cincinnati-based Kroger Co., is partnering with Nuro, a Silicon Valley startup founded by two engineers who worked on autonomous vehicles at Google.

    Aug 16, 2018 16:15 PM
    Aug 16, 2018 16:55 PM

    Greg Hunter’s Weekly wrap

    Aug 17, 2018 17:10 AM

    As far as I know NATO is like a roach motel….Once in, there is technically no way to throw a member out.

      Aug 17, 2018 17:08 PM

      The USA is the same roach motel. The South found that once in they would never be allowed to leave, even though they never agreed to that. The New England states thought about leaving the USA during the war of 1812. They decided not to, but they thought they had the right to leave.