Tuesday , March 31 2020

Pumped up!

Summary:
The way to falsify this would be for the Fed to keep "injecting!" (figurative language from unqualified Art Degree people but that is all they have to work with...) and have the market indexes not go up or even go down... Since people keep saying things like “The Fed is injecting billions of dollars into this market and that’s why everything is going up” I want to argue real quickly why this is illiterate nonsense. 1/ — Joe Weisenthal (@TheStalwart) February 15, 2020 Get your Pumped up Kicks! [embedded content]

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The way to falsify this would be for the Fed to keep "injecting!" (figurative language from unqualified Art Degree people but that is all they have to work with...) and have the market indexes not go up or even go down...


Get your Pumped up Kicks!

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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