The stock market rally has stuttered and stumbled over the past 9 days. We now know why and, knowing that, we can forecast what comes next.
Subscribers, click here to download the report.
Non subscribers, click here to read this report.
The US Treasury announced this week that it would issue another $67 billion in net new T-bills next week. That’s on top of $9 billion coming today. At the same time, they have not revised downward TBAC forecast net coupon issuance. Non subscribers, click here to read this report.
WTF! Don’t they know there’s a debt ceiling in place, and that they hit it on January 19? Usually under these debt ceiling impasses, the Treasury stops issuing debt on balance for the duration that they’re at the ceiling! They literally CANNOT legally issue more. Non subscribers, click here to read this report.
But WAIT! There’s more! Non subscribers, click here to read this report.
Subscribers, click here to download the report.
KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality!
