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Nationalizing the Federal Funds Market
Last week’s volatility in the market for fed funds gave a lot of equity managers an opportunity to brush up on their understanding of the workings of the short-term money markets. The Fed of New York was forced to offer cash to the Street in the form of...
The Fed May Give Trump His Rate Cut, but It Won’t Help
by Patrick Watson Investors are in a buying mood despite many economic warning signs. Why? For some, it’s because they expect the Federal Reserve to cut interest rates and otherwise “stimulate” the economy. They believe (correctly) it would drive stock and real estate...Start Your Dollarcation With RTD University
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