The Fed has surprisingly drained reserves over the past 5 days, in spite of the Treasury hitting up the market for big new loans. Maybe the Fed is getting ready for the estimated $33 billion gift horse coming from Uncle Hank the Paulie Man later this week. Just a little more lipstick for the pig.
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.