> The Fed is doing everything in its power to re-inflate bubbles that > the free market is determined to pop. > > It's hard to see just how buying $300 bn worth of Treasuries will > help "free up" logjammed credit markets. Treasuries are the most > liquid securities on earth; banks are holding them on their balance > sheets not because they can't unload them, but rather it's more logical > to park their cash there instead of lending it out. Now the Fed > has just made, in one stroke, Treasuries much more valuable, so why > should banks sell them? > > The Fed has been outstanding in telegraphing, in advance, where the > problems in the economy are. There must be great concern that the > Treasury market will be the next to fall. Given the fact that Treasury > buyers from China, Saudi, and Japan won't be having any trade dollars > to recycle back into buying US assets, the Fed itself is having to > step up. > > Keep selling.
Cramer's Stop Trading! Goldman is Roaring (1/5/09) [View article]
cramer knows his stuff. id watch the show more for the insights (fundamental analysis techniques) as opposed to specific information in regard to a stock.
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On Mar 18 04:16 PM Bodysurf wrote:
> The Fed is doing everything in its power to re-inflate bubbles that
> the free market is determined to pop.
>
> It's hard to see just how buying $300 bn worth of Treasuries will
> help "free up" logjammed credit markets. Treasuries are the most
> liquid securities on earth; banks are holding them on their balance
> sheets not because they can't unload them, but rather it's more logical
> to park their cash there instead of lending it out. Now the Fed
> has just made, in one stroke, Treasuries much more valuable, so why
> should banks sell them?
>
> The Fed has been outstanding in telegraphing, in advance, where the
> problems in the economy are. There must be great concern that the
> Treasury market will be the next to fall. Given the fact that Treasury
> buyers from China, Saudi, and Japan won't be having any trade dollars
> to recycle back into buying US assets, the Fed itself is having to
> step up.
>
> Keep selling.
Cramer's Stop Trading! Goldman is Roaring (1/5/09) [View article]
Where's the SPAC Attack? [View article]