The Fed’s plan to shrink its $4.5 trillion balance sheet leaves open 2 crucial issues

REUTERS/Joshua Roberts Federal Reserve officials are pretty proud of their plan to reduce their balance sheet following a sharp expansion during and after the Great Recession.  Policymakers are especially excited they were able to announce the plan’s contours without having markets totally freak out, like they did in 2013 when then-Chairman Ben Bernanke gave the first […]

Here’s the Fed’s plan to unwind its massive $4.5 trillion balance sheet

AP During the financial crisis, the Federal Reserve built up a store of roughly $ 4.5 trillion in Treasurys and other assets, like mortgage backed securities, on its balance sheet. Since then, when these assets have come due the Fed has turned around and reinvested the principal back into new assets, maintaining the size of its balance […]

Here’s what bond investors need to know about the Fed’s efforts to reduce its balance sheet

The minutes of the Federal Open Market Committee (FOMC) meeting for March indicated that Federal Reserve policymakers were discussing strategies to reduce the size of the Fed’s balance sheet starting later this year. While the full details of the plan have not yet been spelled out, we have a good idea of the Fed’s thought […]

Leaked Tesla product sheet reveals Model 3's performance, range

As we approach the official launch of the Tesla Model 3, we can expect information to emerge through official channels or otherwise. The following details fall under the “otherwise” category, as a member of the Model 3 Owners Clubforum (allegedly an “inside source”) leaked a product sheet comparing the Model 3 to the Model S, […]

There’s one big problem with the Fed’s plan to unwind its gigantic balance sheet

REUTERS/Kevin Lamarque The late economist John Kenneth Galbraith famously stated economic forecasting was invented to make astrology look respectable.  The Federal Reserve seems bent on proving Galbraith right, this time when it comes to guidance about what it intends to do with its $ 4.5 trillion balance sheet, which expanded sharply in response to the […]

What to expect from your bond portfolio as the yield curve flattens and the Fed unwinds its balance sheet

Business Insider Bill Irving is a portfolio manager at Fidelity Investments, where he co-manages about $ 40 billion of the government and mortgage bond portfolios spread across many Fidelity bond funds. Irving stopped by to talk to Business Insider CEO and global editor-in-chief Henry Blodget.  Feedburner

Would you pay $1,600 to replace your sheet music with a tablet?

Last year, we told you about the Gvido, a lovely double-screened tablet designed to organize and display sheet music. Created by Japanese company Terrada Music, it allows musicians to turn pages with the tap of a finger. Now, it looks like the Gvido is finally getting ready to ship. It’ll be available on September 20th […]

After toning things down, Hyundai spices up the 2018 Sonata’s sheet metal

Hyundai can’t seem to make up its mind when it comes to the styling of its Sonata midsize sedan. It tried an extroverted, expressive look, then toned it down for the current-generation model that debuted three years ago. Now it’s going back to extroverted and expressive with a refresh of that car. The 2018 Hyundai […]