distorting

Bidenomics! New Home Sales Exploded In September, As Homebuilders Eat Soaring Mortgage Costs (Highest Mortgage Rate Since 2000 And Still Plenty Of Fiscal Stimulus Distorting The Market)

by confoundedinterest17 Bidenflation, a name for the combination of reckless Federal spending and excess monetary stimulus related to Covid, is still causing severe pain for the middle class. The massive Federal spending splurge is still working its way through the economy and causing distortions, like surging new home sales despite higher mortgage rates. Some background …

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Sliding Commercial and Industrial Loans and the Bank Term Funding Program: How the Fed’s Two-Tiered System is Distorting Idiosyncratic Risk in the Market and Setting Us on a Risky Path Towards Moral Hazard.

by Dismal-Jellyfish Reminder, while banks have the liquidity fairy, ‘we’ get the promise of 2 more rate hikes this year, Atlanta Fed President Raphael Bostic yet again enrichens himself inappropriately from his position. What I want to talk about tonight is something new–Commercial and Industrial Loans, All Commercial Banks. What are Commercial and Industrial Loans? Commercial and Industrial …

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