Jump to content

Market in Perfect Equilibrium 11/8/22

Rate this topic

Recommended Posts

Figment of the collective imagination that that's why the market went down. Virtually the entire Primary Dealer cadre failed. The Fed bailed them all out. They were all done. Kaput. They had positioned themselves completely wrong on the bond market. When it rallied in 2008-09, they were effectively insolvent. That's why the Fed started direct QE. To get them reliquified until the could get back to solvency. Then the same thing in 2020.

Now the Fed says, fuck you. 

Link to comment
Share on other sites

So bulls play that 19 outa 19 card and think they will win. I guess when you just would take the year before mid-terms you still would have like a 17 outa 19 ratio or so.

That mid-terms and stock market performance ratio is just Wall Street porn.

Link to comment
Share on other sites

This topic is now closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...