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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeffrey S. Lillie who wrote (20059)12/13/2002 7:31:33 PM
From: Moominoid  Read Replies (1) of 30712
 
The way the PPT works is that they start buying bonds with new money and then the bond sellers turn around and throw the cash at stock futures etc..... no mystery here just the Fed in action. The change is that the Fed does seem to try to support the bond and stock markets in this way today whereas they didn't in the past.
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