if you are familiar with the REPO market, this link to an
article adds some depth to what is going on today. between the POMO
and FDIC, capital just keeps flowing into risk assets (stocks and
metals) until... they don't....
over the course of the next few weeks, the escapades in the
short end of the treasury curve (courtesy of the debt ceiling
debate and shenanigans over the budget in congress) will resonate
throughout the mkts, but will it cause a 'correction' or further
upside?
of course I am looking to TA courtesy of BPT to guide us.
FDIC hard at work
Posted by hazbin1 on 5th of Apr 2011 at 12:07 pm
if you are familiar with the REPO market, this link to an article adds some depth to what is going on today. between the POMO and FDIC, capital just keeps flowing into risk assets (stocks and metals) until... they don't....
over the course of the next few weeks, the escapades in the short end of the treasury curve (courtesy of the debt ceiling debate and shenanigans over the budget in congress) will resonate throughout the mkts, but will it cause a 'correction' or further upside?
of course I am looking to TA courtesy of BPT to guide us.
http://finance.yahoo.com/banking-budgeting/article/112480/new-fee-shakes-up-a-lending-market?mod=bb-budgeting%20%20%20&sec=topStories&pos=7&asset=&ccode=
good post hazbin
Posted by klatuu on 5th of Apr 2011 at 12:12 pm
Klatuu