Tag Archives: High

What Happens to A Stock Exchange Without Federal Reserve POMO Manipulation?

Posted on March 13, 2013 by David

The Federal Reserve’s POMO policy has been artificially driving up the US stock exchanges for years. The NYSE is reaching new highs daily (not adjusted for inflation) without any supporting financial data. The volume of stocks sold (normally known as … Continue reading →

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The Last Time The Dow Was Here…

Posted on March 5, 2013 by David

“Mission Accomplished” – With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, … Continue reading →

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