Juggling Dynamite

Dr. Hunt of Hoisington Management is one of the rare seasoned analysts who’re both independent (not paid to sell corporate securities to the public) and disciplined in his macro measurements. This video discussion (taped on February 7) offers many useful insights and context for our present conditions and likely next developments.

Since the Federal Reserve began repurchase operations late last summer, many members of the media, market participants, and spectators alike have been up in arms over this recent round of Fed balance sheet expansion – calling it another round of QE. Lacy Hunt, the chief economist at Hoisington Investment Management Co., tells Danielle DiMartino Booth of Quill Intelligence why the latest version of the Fed’s monetary policy is not more quantitative easing.

Hunt argues that, in fact, the Fed’s repo operations are an effort to keep the banking system alive. Here is a direct video link.

Housing prices are skyrocketing in cities around the world. Incomes are not. Push sheds light on a new kind of faceless landlord, increasingly unliveable cities, and an escalating housing crisis. The film follows Leilani Farha, the UN Special Rapporteur on Adequate Housing, as she’s travelling the globe, trying to understand who’s being pushed out of the city and why. Here is a direct video link.

Not that ‘shocking’ for those of us noting the enablement and enrichment of systemic predatory finance over the last 15 years…

Award-winning journalist Aaron Glantz’s latest book, “Homewreckers,” takes a shocking new look at America’s 2008 housing crisis. It’s a tale of greed and corruption, as Glantz pulls back the curtain on a group of Wall Street magnates who he says took advantage of a rigged system. Moreover, as Glantz tells Hari Sreenivasan, these “homewreckers” include key members of President Trump’s inner circle.

Here is a direct video link.