Category: Money

Market Consensus Before Announcement. Revolving credit has been increasing this year raising talk of slackening standards in the credit card industry. Boosted by revolving credit, …

Market Consensus Before Announcement. Initial claims are expected to come in at 232,000 in the November 5 week vs 233,000 in the October 28 week. …

Market Consensus Before Announcement. Underpinned by high employment and rising income prospects, the consumer sentiment index jumped in the preliminary October report to 101.1 for …

Market Consensus Before Announcement. The Treasury ended fiscal 2017 with a $665.7 deficit and a 13.7 percent increase from fiscal 2016. October’s budget starts off …

The European and U.S. financial crisis essentially had the same underlying cause.  By the middle of the last decade, total debt levels (public + private) …

Diminished rate-hike expectations are great news for precious metals.  Investors perceive the metals as a store of value which pay no interest.  So, when expectations …

A FRN (floating rate note) is a security that has an interest payment that can change over time. As interest rates rise, the security’s interest …

Definition. The monetary aggregates are alternative measures of the money supply by degree of liquidity. Changes in the monetary aggregates indicate the thrust of monetary …

The Treasury sells inflation-indexed securities, also known as TIPS, at regularly scheduled auctions. Competitive bids at these single-price auctions determine the interest rate paid on …

Definition. The Fed’s balance sheet is a report showing factors supplying reserves into the banking system and factors absorbing (using) reserve funds. Essentially, the balance …

Treasury bills are sold at public auctions every week. The 6-month bill is also known as the 26- week bill. Competitive bids at these auctions …