The Fed added $1.5 billion to the liquidity pool on Tuesday, issuing $5.25 billion in 3 day repos against $3.75 billion in expirations. It looks like Benny and the liquidity jets are getting the annual holiday pumpajam off to a slow start. We have yet to see that large 40 day repo that often kicks things off. Click here to download complete report in pdf format (Professional Edition Subscribers).
Try the Professional Edition risk free for thirty days. Unbundled subscription service packages starting from as low as $39! Click here for more information.
Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.