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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (29217)3/23/2005 12:40:41 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
$20 billion in Fed and Treasury repos were not replaced today and yesterday, despite the selloff in the equity and bond market. It literally has that removing the punch bowl from the hedge funds and Pig Men look to it. As hard as it is to believe, it looks like the Wizards have put Uncle Ernie in the closet, and are cutting the silly season crowd off for now. So far today, Mr. Creosote is sitting at his table, slurpping ice cubes, and no thin wafers are in sight. He may have to shed a few pounds of that lard body.
arago4.tn.utwente.nl