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Fed Releases Its Latest POMO Schedule And A Curious Pattern Is Emerging 

By: capt_nemo in POPE 5 | Recommend this post (1)
Fri, 15 May 20 10:06 PM | 52 view(s)
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POMO =Permanent open market operations. Time to buy up the markets LOL, off we go to stardom........... Mr. Green Mr. Green

And I dont believe for a minute they ever slowed down. They dont know how to do dat

From an initial $75 billion per day when the Fed announced the launch of Unlimited QE in mid-March, the US central bank first reduced its daily buying to $60 billion per day, then announced another 'taper' in its bond-buying program to $50 billion per day, which was followed by a reduction to 30 billion per day, which one month ago was again cut in half to $15 billion per day. Then, three weeks ago the Fed again slashed its daily POMO by another 33%, to $10BN per day, before cutting it to $8 billion two weeks ago, and again to $7 billion just last week. Fast forward to today when, in its latest just published schedule, the Fed unveiled that in the coming week it would purchase "only" $6BN per day, or a total of $30BN for the week.


ONLY??? LOL spend spend spend........

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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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