Mar

22

FOMC day and another record

March 22, 2023 |

nice deception in bonds: down over 4 pts in last 2 and a half days…yet the entire problem with all the banks was they had bonds way against them down. so naturally the maneuvers for the market and the perfect father is to bull the bonds up.

although the chair without a background in finance is an ignoramus regarding economics, he can sense the agrarians all over the 3-letter agencies, the consumer products companies, and the agrarian at treasury, that they all want bonds up. presumably the 5000 financial economists and the banks which they all talk to before the meeting have emphasized that the perfect father and the fellow travelers want bonds up.

what is useful number 1 advocating? presumably the discussion at 2: 30 will put him in limbo.

as part of the back scratching and incestuous relations, ed used to give stipends to half of all finance profs. presumably they still back scratch each other. my grandfather Martin who spoke 50 languages as a interpreter used a back scratcher to dance with.

there is always a record. the decline form 1530 to 1600 in just one half hour from 4037 to 3969 - a terrible 68 full big points - was the second largest ever. the only exceedance was on 2-6-2018 when the decline was 86 points.

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