The Fed started POMO today. But TOMO went up too. Stresses continue to build.
LIndsay Williams interviews Lee on Strictly Business. Recorded Tuesday, October 15. Click headline to hear the interview.
Wall Street and the Fed tell us there’s no crisis. Come on. Get real! They don’t pump $200 billion in cash into the market in a month, with a promise to do more for months to come, unless there’s a crisis.
A 13 week cycle upturn is due, but the head and shoulders top pattern is still there. Here’s what to look for. Subscribers, click here…
The story of the Fed’s QE New is a day by day chronical of madness. I’ve written about it extensively even before it started. Here’s…
A triangle pattern means that a big move is coming. Technical Trader subscribers, click here to download the report. First Month Free and 90 Days…
Private demand for US Treasury securities collapsed in September, forcing the Fed to first finance purchases, and then to buy Treasuries outright. The market is…
Call it what you will, the Fed has started the new QE. It’s coming fast and furious with POMO on top of TOMO that will grow the Fed’s balance sheet as fast as it did under old QE. It’s a sign that the house is on fire.
The US Treasury daily tax data suggests that the US economy is at least slowing. That means already yooge deficits will grow. Treasury supply will…
The top pattern is still valid until it isn’t. Here’s what needs to happen. Meanwhile, several mining stocks look good. I recommended a few based…