https://www.zerohedg...ay-black-monday
Market Before the Crash Video
Started by
MDurkin
, Mar 25 2018 10:41 AM
4 replies to this topic
#2
CLK
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Posted 25 March 2018 - 11:13 AM
I think the most likely path is a rally tomorrow from lower or gap up doesn't matter, that lasts a couple days,
everybody gets long then they gap it down and crash it.
#3
MDurkin
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Posted 25 March 2018 - 11:32 AM
I think the most likely path is a rally tomorrow from lower or gap up doesn't matter, that lasts a couple days,
everybody gets long then they gap it down and crash it.
Certainly possible.
#4
MaryAM
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Posted 25 March 2018 - 12:00 PM
I don't see how they can say the FED's balance sheet is shrinking. Its still buying those worthless mortgage backed securities at face value making a handful of people very rich. AND no one has dared to audit the underlying paper all the way back through the land records.
https://fred.stlouis...org/series/MBST
#5
Data
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Posted 26 March 2018 - 11:41 AM
Securities are down about 40 billion dollars from the start of the shrinkage. You can compare the most recent release with the one at the end of September.
https://www.federalr...v/releases/h41/
The holdings should be down 90 billion dollars through the end of March. I would not be surprised to see a big reduction when bonds expire at the end of the month. The problem is the Treasury has issued 500+ billion dollars since the end of January. The final market blowoff was largely result of tax payments resulting in a 98 billion dollar pay down of Treasury debt in December-January.
Edited by Data, 26 March 2018 - 11:42 AM.
