Posts Tagged ‘ Balance Sheet Data ’

Market Valuation: New Q Ratio Data Released Today

Market Valuation: New Q Ratio Data Released Today

June 9, 2011 Special Update Note from Doug: The latest Z.1 Flow of Funds, data through Q1, was released today at 12 PM EST. The balance sheet data on which Q is calculated have undergone very substantial revisions. I'll post a separate commentar...
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Fumes and False Premises

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July 31, 2009

The gang in Washington and on Liberty Street is either very good or very lucky. The Treasury managed to dump $71 billion in new paper on the market this week, including $62 billion in intermediate and long term paper, without crushing either the Treasury market or stocks. It was truly a bravura performance. But...
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Here Comes The Supply Truck- Professional Edition

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April 23, 2009

On the Treasury front, this week’s paydowns were only $13 billion, but next week the Treasury will swing to a huge negative influence as it dumps mass quantities of new supplies of 3, 5 and 7 year notes on the market. Depending on the size of the 4 week bill auction and whether or...
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Ben Says Whip Deflation Now- It Works! Professional Edition

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April 3, 2009

The markets laughed in the face of adversity on Thursday thanks to massive infusions of cash from the Fed in no strings attached direct purchases of Treasuries and Agencies from the Primary Dealers. Leveraging that cash stake the PDs had just the right time and knew just the right place to put a little...
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I Kid You Not – Professional Edition Fed Report

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December 30, 2008

Today’s report examines the latest Fed balance sheet data and surprise, surprise, the Fed had a little shrinkage problem this week. The cuts were particularly large in those programs that most directly impact the markets. If this were to continue, the market would take another hit. For the Fed to contract its balance sheet...
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Retired CMBs Boost Market – Professional Edition Fed Report

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December 4, 2008

The Treasury retired $30 billion in CMBs this week, putting cash back into the market. That cash put a bid under stocks and exacerbated the panic into Treasuries. The Treasury faces $40 billion in CMB expirations next week, and so far, there’s no announcement that they will be replaced. There are other signs that...
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