Simple solution; trot out Atlanta Fed head Dennis Lockhart to ruminate a little bit in the MSM about extending Operation Twist. You know, the yield curve manipulation operation that worked against the barbarous relic previously?
By the way, we discussed the very over bought nature of the miners in this morning's email update. For my part I did not do much about it, but I wanted subscribers to know the deal from a technical standpoint. All it took to activate a reaction was a Treasury yield manipulator getting his face in front of the media.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Federal Reserve Bank of Atlanta
President Dennis Lockhart said extending Operation Twist, the
program to lengthen maturities of debt on the central bank’s
balance sheet, is an “option on the table.” --Bloomberg
By the way, we discussed the very over bought nature of the miners in this morning's email update. For my part I did not do much about it, but I wanted subscribers to know the deal from a technical standpoint. All it took to activate a reaction was a Treasury yield manipulator getting his face in front of the media.
http://www.biiwii.blogspot.com
http://www.biiwii.com
No comments:
Post a Comment