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Gemini

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

In honor of Powell doing yet another 60 Minutes spot tonight, here is as chart of the SPY fund and the total assets held by the darlings at the Federal Reserve. The correlation has changed tremendously over time, but it’s pretty clear equities have “caught up” nicely with the trillions of dollars of Fed Bux.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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