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Strategies & Market Trends : John Pitera's Market Laboratory

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Hawkmoon
To: John Pitera who wrote (18808)3/15/2017 11:50:26 AM
From: Chip McVickar1 Recommendation  Read Replies (5) of 33421
 
Hi John - Treasury Cash Reserves

Could you and your thread add some insight to this statement -
Why would the cash reserves of the treasury decline so quickly...???

It clearly appears that the Treasury has been getting rid of its cash reserves which stood at $435 billion before the election.

Since January 20th... the Treasury’s cash has vanished - collapsing rapidly down to $88 billion.
The massive drain of cash has been deliberate. Never has such a raid decline taken place.

Also, with the deficit ceiling review about to take place in the congress - Any idea what's going on...?

Chip
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