Jump to content



Photo

Morgan Stanley economic indicator: Record Collapse


  • Please log in to reply
13 replies to this topic

#11 Data

Data

    Member

  • Validating
  • 2,618 posts

Posted 14 June 2019 - 09:04 PM

There is very little activity in the commercial paper market.  

 

https://fred.stlouis.../series/COMPOUT

 

Maybe when the Fed sells off its agency debt holdings but that will take considerable time at 20 billion dlrs/month.



#12 tommyt

tommyt

    Member

  • Traders-Talk User
  • 5,136 posts

Posted 14 June 2019 - 09:31 PM

Mark, do you have a link to that 3 month Paper graph you posted from FRED? This is a graph of the Financial less the Nonfinancial, correct? I can get one or the other but not both, thanks for all of your work!

 



#13 MikeyG

MikeyG

    Member

  • Traders-Talk User
  • 2,850 posts

Posted 15 June 2019 - 05:39 AM

The economy has been so good that the Fed was able to raise rates, something they have not been able to do for a decade....

The Fed now has wiggle room to play with, if the rates were lowered to say zero again with current earnings, SPX would be above 4000....

There will be no major downturn....

MORE UP!

mdgcapital@protonmail.com  

papilioinvest.com

@papilioinvest

 

"One soul is worth more than the whole world." 


#14 LMF

LMF

    Member

  • Traders-Talk User
  • 801 posts

Posted 15 June 2019 - 09:58 AM

The Fed still cannot handle it.....by trying to follow the markets.  We're data dependent, we're patient, blah,blah, blah.....that's going to be a moronic lag too much of the time.  The 2 year treasury rate is about 2 1/2 rate cuts below the Fed rate right now.....just like Bernanke was trying to manage it before the 2008 recession.  The economy is stronger right now, so it can theoretically handle it, but not forever.  The problem is the Feds level of blindness.....Mr Magoo could do better.  The economy doesn't run on blindness.....