A surging Macro Liquidity Index (MLI) helped stocks continue their run to all time highs in April and May, driven mostly by massive Treasury paydowns and heavy buying by foreign central banks (FCBs), offsetting a lack of participations by the Fed and weak credit creation by GSEs. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. 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.
