aussiebear Posted November 13, 2017 Report Share Posted November 13, 2017 Early openers drifting about in the red: Kiwis flat, Aussies -0.2%, Japan -0.8%, Sth Korea -0.4%.In Aussie sectors, Gold +0.8% at the top followed by Miners +0.6% with IT at the other end, -0.7%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted November 13, 2017 Author Report Share Posted November 13, 2017 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted November 13, 2017 Author Report Share Posted November 13, 2017 http://money.cnn.com...s/morning_call/http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted November 13, 2017 Author Report Share Posted November 13, 2017 http://www.engrish.com/2016/03/cordial-notebook-is-obsequious-at-times/ Cover of notebook found in Osaka, Japan. Link to comment Share on other sites More sharing options...
aussiebear Posted November 13, 2017 Author Report Share Posted November 13, 2017 http://bigcharts.mar...com/default.asp A general waning for All Ords with the index finishing -0.1%. Utilities +0.8% was out in front followed by Miners +0.7% with IT -0.6% and Financials -0.5%.Over in Asia, China and Hong Kong +0.4%, Japan -1.3%, India currently -0.2%. On to UK/Europe: http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted November 13, 2017 Author Report Share Posted November 13, 2017 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jorma Posted November 13, 2017 Report Share Posted November 13, 2017 So instead of the now extinct, I think correct me if I am wrong this month, Fed mid month MBS purchases we get $19.3bn in new Treasury supply this week. https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm Not exactly a killer, More on the order of drip drip drip. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 13, 2017 Report Share Posted November 13, 2017 30 minutes into the week and the first itty bitty dip already bought the only "former" Big Boy allowed to go down is GE Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2017 Report Share Posted November 13, 2017 Another rockem sockem day on Wall Street. Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2017 Report Share Posted November 13, 2017 Fed still buying some MBS. Just less than before. They're cutting $4B a month in purchases. That will rise to $20 B a month over the next year. Which will leave virtually no purchases at all. So instead of the now extinct, I think correct me if I am wrong this month, Fed mid month MBS purchases we get $19.3bn in new Treasury supply this week. https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm Not exactly a killer, More on the order of drip drip drip. Link to comment Share on other sites More sharing options...
DrStool Posted November 13, 2017 Report Share Posted November 13, 2017 5 day cycle projection 2593. Link to comment Share on other sites More sharing options...
potatohead Posted November 13, 2017 Report Share Posted November 13, 2017 Fed still buying some MBS. Just less than before. They're cutting $4B a month in purchases. That will rise to $20 B a month over the next year. Which will leave virtually no purchases at all. So if I understand this correctly, their reduction of the balance sheet/liquidity is really a slow motion slight of hand trick. Just like raising interest rates. They are still adding liquidity but at a reducing rate over time? Link to comment Share on other sites More sharing options...
DrStool Posted November 14, 2017 Report Share Posted November 14, 2017 No. They are shrinking the balance sheet for real. The MBS reductions are only 40% of the total cuts, and they will still result in shrinkage because MBS are naturally paid down every month. The reduction of replacement purchases will cause the balance sheet to shrink. That's real monetary draining. I write about this regularly at Sure Money. https://suremoneyinvestor.com/2017/10/look-for-a-long-term-red-lampp-signal-next-week-and-start-shorting/ https://suremoneyinvestor.com/2017/10/its-just-possible-that-ive-featured-your-burning-question-here https://suremoneyinvestor.com/2017/10/look-for-a-long-term-red-lampp-signal-next-week-and-start-shorting https://suremoneyinvestor.com/2017/09/we-saw-the-feds-major-announcement-coming-heres-what-to-do-now/ Sign up for the newsletter and they'll deliver it to you as soon as published a few times a week. This is a subject that I'll be hammering on as time goes on. Link to comment Share on other sites More sharing options...
aussiebear Posted November 14, 2017 Author Report Share Posted November 14, 2017 ---> Tepid Tuesday http://www.capitalstool.com/forums/index.php?showtopic=13111 Link to comment Share on other sites More sharing options...
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