A rare occurrence in journalism happened today. Tyler Durden of Zero Hedge is in agreement with – hold on – Paul Krugman of the NY Times.
Both writers point readers to the FAQ from S&P on the downgrades in Europe on Friday. Both hone in on on…
Tag Archive for Resumption
Liquidity Trader Complete, Professional Edition
Does Bernanke Have A School Term Paper For Natural Disasters?
by Lee Adler • • 0 Comments
The Treasury market settled down this week with 10 year Treasury yields hovering above the critical 2.20% that would signal a resumption of the panic, but below the line at 2.30, a breakout of which would signal an upside reversal. The market faced heavy supply and took it in stride this week, with help from…
Liquidity Trader Complete, Professional Edition
Bank Dividends Are a Sham and a Con
by Lee Adler • • 3 Comments
After taking 3 of 4 days off between March 10 and March 15 the Fed resumed daily pumping last week, and is scheduled to continue pumping about $25 billion a week into the market through April 11. Along with that the market will be getting the benefit of $25 billion a week in Supplementary Financing…
Latest Business Headlines
Professional Edition Publication Note
by Lee Adler • • 0 Comments
Resumption of the market updates, originally scheduled for this evening, has been pushed back to Monday morning. The Precious Metals update will be later than usual on Monday. The Fed report will be posted by midnight ET. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually…
Economics, Latest Business Headlines
They’re Manufacturing Data
by Lee Adler • • 2 Comments
There were two pieces of economic data released today. The ADP unemployment data is a prelim to the weekly unemployment claims, and is a bit of a so what. So are factory orders, but let’s take a look at it see to see if there’s any evidence of green shoots, or the latest term of…
Latest Business Headlines, Professional Edition
Warning Shot – Professional Edition
by Lee Adler • • 0 Comments
As a result of today’s selloff, many charts now sport false upside breakout patterns. Further weakness would complete such whipsaws on most of the key index charts. False breakouts can be major pivot signals, but sometimes they are just false starts that precede a period of consolidation before a resumption of the upmove. My current…
