Independent thinking for complex markets and current events
A bipartisan group of senators is demanding immediate action from USDA Secretary Thomas Vilsack after several tribal nations reported that a federal food distribution program they rely on has not fulfilled orders for months, and in some cases has delivered expired food. Last spring, the USDA consolidated from two contractors to one for deliveries of …
Been saying this for several months now. The Fed didn't finish the job. They got spooked in late October (along with Treasury) about the rise in yields and term premiums and thus orchestrated a significant loosening of financial conditions to help the US govt finance its… https://t.co/5lMScZGtDD — Craig Shapiro (@ces921) March 13, 2024 The …
via bettermarkets: Dennis M. Kelleher, Co-founder, President, and CEO of Better Markets issued the following statement in response to the testimony of Wall Street’s CEOs today before the Senate Banking Committee. “Wall Street’s CEOs testified before the Senate Banking Committee today as if they were the chief employment and economic growth officers for the United States …