The supply of money held by the public has grown almost 47 percent since 2010 when compared with the size of the economy, and some estimates indicate that the excess, mostly held in bank savings accounts, totals as much as $2 trillion. What does this mean for the overall economy in the future?
The growth of money, defined by M2 as currency, time deposits, checking accounts, retail money funds and bank savings accounts, has outpaced that of the economy since the recession of 2009. This increase in money supply is a sign of risk aversion in the market, and low interest rates have also of course had an impact as funds are being held rather than invested or lent.Over the past six-and-a-half years (fourth quarter of 2009-second quarter of 201...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
