The beat goes on. The Treasury announced a 30 year TIPS issue today, bringing net new supply for the month so far to $119 billion.
After a big day like yesterday, I like to get a little long term stock market chart perspective.
WTF knows where the PPT will make its next stand? The Shadow knows! Lee, not so much. Take a look at these charts and see what YOU think!
Is it the end of a Bull Market? The S&P500 fell around 90 points. A precursor to something or is it just a moment in time?
The bulge in Treasury offering net supply issuance in the wake of the suspension of the debt ceiling, is starting.
Let the deluge begin.
Here’s an ugly stock market chart prediction you might want to consider in planning your trading and investments.
Oh Gee! What a surprise! Not. Now, let the fun begin and let it begin with us.
The Federal Open Market Committee decided to conclude the reduction of aggregate securities holdings in the System Open Market Account two months earlier than previously indicated.
Lots of gloating this morning as the Conference Board’s Consumer Confidence Index, AKA the ConCon Con, blew away Conomists expectations with a reading much higher than expected. The Con Board concludes that it means that the US consumers are in good shape and will keep spending. Follow the money. Find the profits!Liquidity is money. Regardless…
The Fed has long espoused that rising stock prices drive real business investment. As part of that, low interest rates are supposed to stimulate both investment in stocks, business credit, real business investment, and ultimately a growing economy that will benefit the greater good. Follow the money. Find the profits!Liquidity is money. Regardless of where…