SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: skier31 who wrote (73798)11/11/2022 6:06:32 PM
From: Lee Lichterman III1 Recommendation

Recommended By
skier31

   of 97611
 
No, I hadn't seen that but they are basically saying what I have been doing. I post the Fed balance sheet minus TGA and RRP which is the same thing.
The only difference is they are focusing on the TGA instead of the Fed balance sheet minus all that.
In the end, we are both looking at the TGA as the cause of the August and current rally which is what I have been saying the last few weeks.
The Fed is draining but the Treasury is pushing on the gas.
I don't know the legality of using the TGA like this. It's supposed to only be a short term checking account for payment of normal bills. Pay for government employees, contracts, equipment purchased etc. It's not supposed to be used for goosing the market.
I wonder what Rand Paul would think of this? LOL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext