Member
Posted 23 October 2017 - 09:04 AM
QE ended in March 2010. The 10-year yield started backing up and hit 4 percent in May, Greek debt crisis came to a head in May.
You might get a small dip in the next two weeks as the Fed's balance sheet has to shrink. Instead of reducing the BS by 10 billion dollars in October as specified in the plan, it is up by roughly the same amount. They will have to let 20 billion dollars roll off the balance sheet quickly as maturity dates permit.
Member
Posted 23 October 2017 - 09:22 AM
If Bitcoin crashes here I think it could take the market with it to a good degree. If you overlay SPX onto a Bitcoin
chart you will see a lot of tops coincide with Bitcoin tops going back several years.
Member
Posted 23 October 2017 - 09:51 AM
Hmm........new lows BTC and now new lows on stocks.
