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.
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