Virtually nothing has changed since the last update, other than an uptick in current US GDP for the second quarter. When economic data releases begin to reflect this next month, the market reaction should be negative as traders conclude, correctly, that the Fed will tighten. Markets top out when the news is good, because that is, in fact, when the Fed turns the screws.
This is part of a series of free Wall Street Examiner Pro Trader reports that I have been posting as I recover from my emergency…
Macroliquidity rests just below the highs set a few weeks ago as the Fed is in the usual hiatus between its regular monthly MBS settlements…
Macroliquidity continues to rise at a slow pace, mostly on the strength of the Fed’s regular mid month settlements of MBS purchases. The trend is…
This explication of quantitative expropriation is excerpted from the semiweekly examination of Fed balance sheet manipulation and banking system elevation, part of the Pro Trader…
Macroliquidity rose in the past 2 weeks, mostly on the strength of the Fed’s regular mid month settlement of MBS purchases. The trend is still…
The time is coming when the acolytes of central bank monetary market manipulation lose their faith, leave the church, and rebel against it.
The Fed’s liabilities rose last week due to an increase in printing press output of Federal Reserve Notes, and a big increase in US Treasury…
I was expecting a Wile E. Coyote moment if the market did not buckle in the wake of the $100 billion in Treasury supply settling…
This week’s Fed H41 data reflects the Treasury’s return to the market in November to claw back the cash it had injected into dealer and…