Menu Close

The Mythical Easy Fed – WSE Pro

Fed funds traded at the new target of 4.75% and the Fed didn’t need to add reserves to keep it there. In open market operations today, the Fed added $9.75 billion in overnight repos against the same in expirations, leaving the 5 day net at a drain of $12.25 billion. So much for the myth that the Fed has been adding liquidity. 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.

1 Comment

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading