Rick did an outstanding job with that.
My thanks to Rick Santelli. Here’s the chart he featured, which I update weekly in the Professional Edition Fed Report.
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Nice chart, Lee. Can we use the chart since your url is on it?
Sure. Please include a link to the site. Thanks.
Thanks, Lee.
So the mainstream financial media finally catches up to what you were telling us all circa 2004. Hope this drives a ton of new business your way!
Santelli is a lone voice in the wilderness.
Hi Lee,
Great video … how do you find that “Total Fed cash to 21 primary dealers” series … ?
I compile it from the daily NY Fed data on Open Market Operations. It’s not a published series. Has to be collected and calculated from several data series.
That’s why they pay me the big bucks. 😉