Member
Posted 13 September 2024 - 02:23 PM
It's the Great Liquidity Transfer from MM into stocks, gold and bonds just before the Fed kicking off its easing cycle. Longer term I see SPX at 6500 at some point next year .......................
This Great Liquidity Transfer involving trillions is likely to continue in the following weeks.....................
Edited by redfoliage2, 13 September 2024 - 02:24 PM.
Member
Posted 13 September 2024 - 02:55 PM
It's the Great Liquidity Transfer from MM into stocks, gold and bonds just before the Fed kicking off its easing cycle. Longer term I see SPX at 6500 at some point next year .......................
This Great Liquidity Transfer involving trillions is likely to continue in the following weeks.....................
Albeit some late day profit taking the McClenllan Summation Index is poitning to a new leg up in the next week .............................
Edited by redfoliage2, 13 September 2024 - 03:01 PM.
