Monday , May 6 2024

TGA $389b

Summary:
Down to 300 handle in the TGA under debt ceiling… that was the previous low on March 23, 2020 before Mnooch proceeded to run TGA up by 1.5T over next few months creating a massive bank reserve reduction that sparked the moonshot recovery rally…

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Down to 300 handle in the TGA under debt ceiling… that was the previous low on March 23, 2020 before Mnooch proceeded to run TGA up by 1.5T over next few months creating a massive bank reserve reduction that sparked the moonshot recovery rally…


TGA $389b




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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