I have been warning for months that the Fed would need new QE to counter the impact of massive waves of Treasury supply. I thought that that would come later, rather than sooner. Sorry folks, wrong about that.
Lee's Free Thinking
Federal Reserve Bank of New York Statement On Repurchase Operation – Roll Over Beethoven!
by Lee Adler • • 0 Comments
In accordance with the FOMC Directive issued September 18, 2019, the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York will conduct an overnight repurchase agreement (repo) operation from 8:15 AM ET to 8:30 AM ET tomorrow, Fri…
Lee's Free Thinking
Show Me The Money Jerry! Here’s Why Fed TOMO Repos Will Be a Feature Not a Bug
by Lee Adler • • 3 Comments
The new Fed TOMO (Temporary Open Market Operations) are the first sign that the Fed must move aggressively to counter the tightening of the money markets.
Lee's Free Thinking
Fed Money Market Crisis – It Rolls The Repo and Then Some
by Lee Adler • • 1 Comment
The Fed has a money market crisis on its hands. It’s a “crisis” that everyone should have seen coming because the handwriting has been on the wall for months.
Liquidity Trader - Macro Liquidity- Fed and Banking
Money Rates Explode (No Surprise To Us) – Fed Must Print or Die
by Lee Adler • • 0 Comments
I have been warning for months that once the debt ceiling was lifted the money markets would tighten dramatically. It’s happening. Here’s a rundown of…
Liquidity Trader - Macro Liquidity- Fed and Banking
Fed Balance Sheet Says The Fat Lady Has Sung
by Lee Adler • • 0 Comments
Normalization is dead. And that, ladies and gentlemen, is all she wrote. A little bit of Fed POMO won’t be enough to save the bond market, or stocks for that matter.
Lee's Free Thinking
Is The Drone Strike a Black Swan?
by Lee Adler • • 0 Comments
Pundits are calling yesterday’s drone strke a “black swan.” Can a drone strike on a Saudi oil facility, be a “black swan.” But is it? And are there really black swans?
Gold and Mining Stocks Trader
The Heat Is on Precious Metals Stocks and Gold Itself
by Lee Adler • • 0 Comments
The heat is on the gold sector, causing the metal to soften, and the miners to dig a deeper hole. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the…
Technical Trader
The Hidden Meaning of the Sunday Night Football Selloff
by Lee Adler • • 0 Comments
If the Sunday night selloff sticks through the day on Monday, it may just mean something. Here’s what to look for.
Liquidity Trader - US Treasury Market Trend Supply and Demand
Treasury Game Over… Again
by Lee Adler • • 0 Comments
The trend is your friend, and the Fed has gone soft. And traders know it. But there may be trouble in Primary Dealer Bond Land.
