by Summary:
In the 3 days ending Thursday, June 8, Treasury issued almost 0 bln in securities. What happened? Stocks made a new 14 month high.
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Mike Norman considers the following as important:
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In the 3 days ending Thursday, June 8, Treasury issued almost 0 bln in securities. What happened? Stocks made a new 14 month high.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| In the 3 days ending Thursday, June 8, Treasury issued almost $300 bln in securities. What happened? Stocks made a new 14 month high. |
Its another illustration of people not understanding double entry accounting…higher interest rate payments to holders.
Yep.
Dalio actually has a youtube channel which keeps coming on as an ad on youtube and found it so hilarious on how much he gets it wrong.
Hahahahahaha
THE Fed is buying all the notes….sounds like QE …not QT
Mikey! Don’t ever give up on us Modern Money Printerists.
MMT'ers are anti-Printerists — think about it! Friedmannites are anti-Monetarists — if you think about it! (With a literalist robot brain).
Not to mention Ray Dalio’s top holding was $PL….down 30% yesterday
I think some of simon’s success (this might be sour grapes) is sue to favourable tax arrangements that minimise the main drawback of high frequency trading, the costs
Absolutely.
They don't get it, true, I think that makes it easy for those who do. If they knew they would be fully invested , when they fully invest, witch they will have to do, the markets will explode.I think thats when the fun starts.
The cool New Yorkers in Florida hang out in Lake Worth.
Exactly pal too funny. Metals headed a lot lower
not only that short term treasuries yield has been dropping. so as Mike has explained in the past, treasury has been making payments first and then immediately followed issuing short-term treasuries equivalently. this not only stabilized short term yields, this likely will start addressing inverted yields slowly.
imagine how this might explode reverse repo lol. the fed got no choice but drop rates significantly this year. and that may not be all of it.
If they issue st treasuries, wouldnt that cause yields to go up as they are increasing supply while demand stays the same?
Seems like you guys have it all backwards just for the sake of being contrarian, which I like, but it often seems nonsensical.
People keep telling me that rate hikes reduce the money supply. And I keep telling them that it increases the government money supply into the economy.
If you look at an M2 chart, they are proven right.
Mike, what's happening with your chin? you had a wonderfully chiseled profile until recently. No offence, man. Hit the weights?! I'm 68 and it works!
I work out 2x per day. Maybe you have better genes than me! 🤣🤣🤣🤣🤣
Looks bad, huh?
Maybe‘cause I was standing. No more chairs in my Apt
ANG Traders does too.
you are the best, MIke…thank you
❤👁
Thank you Mike
Mike, you always have nice silver hair colour and well groomed before. I have not seen that lately, but your video is as good, informative, and insightful as ever. Many thanks for this. If you want an idea for change, give a guided tour on Wall Street once a month. Do exactly the same thing but in 3 dimensions with real audience, I am sure it will be a big hit in no time! All the best!