I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
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Radio Free Wall Street
Posts Tagged ‘ Painting ’
Market Rallies Celebrating No Mo’ Pomo
The market followed through on the upside celebrating the last day of QE POMO. I’m sure that the move was based totally on the great economic and liquidity fundamentals and had nothing to do with month end tape painting and a short squeeze of bears like me who had so wisely piled in on...
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As Good As It Gets- Again- Professional Edition Fed Report
Treasury market conditions were as good as it gets this week as the Treasury raised just $4 billion in new money. As expected, that gave a boost to end-of-quarter tape painting on Monday, with a little preemptory selling hitting the tape on Tuesday. The Fed stepped in as a buyer of both Treasuries and...
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Actionable Mentiroso
Wells Fargo is a classic case study of the poor transparency and government interference model of economic policy. Poor transparency is polite language for “lying” or “mentiroso”. Or perhaps we could just call it painting lip stick on pigs. Whatever, this “approach” now seems to be the accepted conventional wisdom. WFC stock has more...
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