DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 Another big jump in RRPs would suggest that the brewery is ramping up. Link to comment Share on other sites More sharing options...
potatohead Posted April 11, 2023 Report Share Posted April 11, 2023 Lee, Where do you find the payroll withholding tax data? I am referencing your work to a few people. Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 Daily Treasury Statement But I don't want to give away the store. 😊 3 minutes ago, potatohead said: Lee, Where do you find the payroll withholding tax data? I am referencing your work to a few people. Link to comment Share on other sites More sharing options...
potatohead Posted April 11, 2023 Report Share Posted April 11, 2023 19 minutes ago, DrStool said: Daily Treasury Statement But I don't want to give away the store. 😊 no worries. I am providing your twitter handle and name to everyone I speak to about this. You deserve the credit. Hopefully us honest guys can start making a difference. Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 Yeah it's data that's in the public domain. Anybody can pick it up and report on it but nobody does. Crazy Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 What's crazy is the BLS non-farm payrolls data. Boggles my mind how they can be that far off unless it's intentional fudging. Ultimately they'll revise it back to where it should be but it'll be so much after the fact that nobody will pay any attention. The size of the annual rebenchmarking last year was outrageous. Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 BTC's measured move target was 34k. Should hit tomorrow. Link to comment Share on other sites More sharing options...
potatohead Posted April 11, 2023 Report Share Posted April 11, 2023 I think the statistics were reconfigured to meet a political objective or promote a narrative. Your read on the raw numbers makes perfect sense. The hedonics and other estimating measures are not used by any other business or purpose. Its all for show. Keep the public moving along as they increase money supply and debt throughout the years. Link to comment Share on other sites More sharing options...
SiP Posted April 11, 2023 Report Share Posted April 11, 2023 NY Fed - Fed holdings, which now stand at $8.7 trillion, will likely fall to around $6 trillion by the middle of 2025 before holding steady for around a year. Holdings are then expected to grow to maintain balance with the growth of the economy and tick back up to $7.2 trillion by 2030. Aggressive purchases of Treasury and mortgage bonds kicking off at the onset of the coronavirus pandemic in March 2020 more than doubled the size of the SOMA, which peaked last summer at just shy of $9 trillion. The Fed is now allowing just shy of $100 billion per month in bonds it owns to expire and not be replaced https://www.reuters.com/business/finance/ny-fed-report-sees-several-more-years-balance-sheet-contraction-2023-04-11/ Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 44 minutes ago, SiP said: NY Fed - Fed holdings, which now stand at $8.7 trillion, will likely fall to around $6 trillion by the middle of 2025 before holding steady for around a year. Holdings are then expected to grow to maintain balance with the growth of the economy and tick back up to $7.2 trillion by 2030. Aggressive purchases of Treasury and mortgage bonds kicking off at the onset of the coronavirus pandemic in March 2020 more than doubled the size of the SOMA, which peaked last summer at just shy of $9 trillion. The Fed is now allowing just shy of $100 billion per month in bonds it owns to expire and not be replaced https://www.reuters.com/business/finance/ny-fed-report-sees-several-more-years-balance-sheet-contraction-2023-04-11/ I just love when the Fed makes long term policy predictions. I won't waste my time reading it. They're driving a runaway bus through hairpin turns on a mile high cliffside one lane road. Link to comment Share on other sites More sharing options...
Jorma Posted April 11, 2023 Report Share Posted April 11, 2023 52 minutes ago, SiP said: NY Fed - Fed holdings, which now stand at $8.7 trillion, will likely fall to around $6 trillion by the middle of 2025 before holding steady for around a year. Holdings are then expected to grow to maintain balance with the growth of the economy and tick back up to $7.2 trillion by 2030. Aggressive purchases of Treasury and mortgage bonds kicking off at the onset of the coronavirus pandemic in March 2020 more than doubled the size of the SOMA, which peaked last summer at just shy of $9 trillion. The Fed is now allowing just shy of $100 billion per month in bonds it owns to expire and not be replaced https://www.reuters.com/business/finance/ny-fed-report-sees-several-more-years-balance-sheet-contraction-2023-04-11/ Comedy gold. For us sickos. Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 They keep closing the market early. It's like the good old days when it closed at 3:30. Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 Opened at 10 too. Ah, those were the days. Link to comment Share on other sites More sharing options...
DrStool Posted April 11, 2023 Author Report Share Posted April 11, 2023 Link to comment Share on other sites More sharing options...
fxfox Posted April 11, 2023 Report Share Posted April 11, 2023 10 minutes ago, DrStool said: I just love when the Fed makes long term policy predictions. I won't waste my time reading it. They're driving a runaway bus through hairpin turns on a mile high cliffside one lane road. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.