by Jeff Bishop | Jul 7, 2020 | Editorial, Total Alpha
You probably heard the saying ‘Don’t Fight the Fed.’ But have you ever wondered how exactly they force stock prices higher? It’s not like they go out and just buy equities outright… …even though some conspiracy theories would lead you to believe this. If...
by Jeff Bishop | Apr 30, 2020 | Editorial, Total Alpha
It’s tough to move $2.3 trillion unnoticed. But that’s exactly what the Federal Reserve did nearly a month ago. We all read about the Fed dropping $4 trillion to lubricate the lending markets in March. However, did you know they “facilitated” another $2.3 trillion...
by Jeff Bishop | Nov 1, 2019 | Editorial
The Federal Reserve’s well-choreographed magic show pushed the stock market to new all-time highs. Market pundits were quick to congratulate the Fed on a job well done (pretending as the interest-rate cut was an actual choice the had.) As I sat through the verbal...