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One month ago, when we last looked at the Fed's update of Treasuries held in custody, we noted something troubling: the number had continued to drop sharply, declining by another billion in one week, and pushing the total amount of custodial paper to .788 trillion, the lowest since 2012.One month later, we refresh this chart and find that in last week's update, there is finally some good news: foreign central banks finally bought some US paper held in the Fed's custody account, which following months of liquidation, rose over the past two weeks by billion, the biggest two-week advance since November of 2016, pushing the total amount of custodial paper to .816 trillion, the highest since early October. Been struggling just to function properly for some time.
The bad news came out with the release of latest monthly Treasury International Capital data for the month of October, which showed that the troubling trend presented one month ago, has accelerated to an unprecedented degree. In fact a little over 12,000 feet is the highest elevation to which I have ever climbed. I noticed a striking difference in color intensities. ) (Mt Agassiz, San Francisco Peaks, just North of Flagstaff, AZ) Must be nice about now. I like it when people believe that they can change the facts by a vote..consensus. Then how many know or care or understand that China , Saudis and Belgium and som eothers are selling treasuries The media cannot report this. I don't think the average Joe knows that Obama in his 8 lost years increased the Federal debt by ,000.00 per average Joe, i.e.
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The main topics in this Chapter are: Let us start with a basic picture of a corporate Stockholders' Equity section, and review the source of Retained Earnings.
Recall that Retained Earnings are generated from profitable operations--net income.