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Geithner QE U.S. Treasury, supplementary financing account 99,967 -29,989 w-w And if I'm reading this right, excess reserves went up $22b(since required reserves are fixed) Reserve balances with Federal Reserve Banks 981,619 + 22,755 So the fed sits...

Looks like I wasnt the only one who got caught in the 'idiot' rally of 2009 http://www.businessinsider.com/the-idiot-maker-rally-2009-10 Apparently most who predicted the crisis got caught, it seems to me that is was the rational thing to do, to believe the crisis of confidence would not...

More on alternative measures of inflation created by the fed http://news.goldseek.com/MillenniumWaveAdvisors/1159714860.php http://www.dallasfed.org/data/pce/index.html Trimmed mean PCE yoy in aug was 1.6%. Trimmed mean PCE is essentially PCE without the elements rising and failling the...

Looks like that alternative measures of inflation(which have better track record of predicting future inflation than the BLS CPI) are showing even stronger disinflationary trends http://blogs.wsj.com/economics/2009/10/15/cleveland-fed-draws-up-ways-to-measure-inflation-trends/...

Actually its all NYSE issues not the big averages I havent saw a study of this kind. One problem with this bread analysis for the current rally is that it depends what do you call the current rally. If its a recession type bounce, its overextended If you call it a major rally, of the...

Chart of US inflation The rent section has been under disinflationary trend for years. The last core CPI numbers had 0% contribution from the 'shelter' component, -0.1% from OER

Am I assuming too much to say this breadth study 'contribution' I made by posting this stuff, is probably the biggest contribution made on ET for the entire month of Oct?I mean people waste their time bitching about the government all day and how they are up $X doing this or that, what about...

Breadth data. One needs to be careful with NYSE data because it includes lots of non-stock securities such as bond ETFs, CEFs, etc http://stockcharts.com/scripts/php/candleglance.php?$NYAD,$NYHL,$NAAD,$NAHL,$AMAD,$AMHL Nasdaq and AMEX all confirm the rally. Breadth still strong so if...

In a written submission to the Senate Finance Committee, Mr. Geithner said the Obama Administration "believes that China is manipulating its currency." - Jan 2009

Muni funds are tumbling lately. NMO NIO VKQ are just some, this could be a canary in the coal mine of some kind

Thats funny given that a few of the regional districts VOTED for the QE program late last year. The vote was unanimous, Bernanke being ONE vote out of TEN

'We want the euro to go down' http://www.bloomberg.com/apps/news?pid=20601087&sid=aqSx.EtHQPeE

This just goes to show how less than useful ET can be sometimes. All I needed to change my mind was a study of this kind, http://shookrun.com/documents/Welling_Weeden_Desmond_2006.pdf Yet all I would hear from the bulls was -Bernanke is printing money -We are zimbabwe -The economy is...

It looks like we are not at a top yet. This is from private research I started now to have access to "Intermediate-term Outlook (2 weeks – 2 months)– updated 10/12 – somewhat bullish Five up days last week has not done anything to damage the idea that the intermediate-term trend is up...

Heres a krugman article on why the monetary base expansion has not been inflationary http://krugman.blogs.nytimes.com/2009/06/13/way-off-base/ However I strongly disagree with his notion that "the problem was that since banks weren’t lending out their reserves and people were keeping cash...

The real cost of a fiat dollar to the average american is the sum of all the seniorage collected by the government, adding the taxes that are charged on interest income if the after-tax return is bellow inflation(but only part of the tax revenue should be counted, that is the part the makes the...

John Taylor says 0% rates are correct, but fed should raise in the first half of 2010. Needs to stop buying mortgages http://blogs.wsj.com/economics/2009/10/14/qa-john-taylor-on-his-rule-and-feds-balance-sheet/

The monetary base is not the money supply How come the zimbabwe rally didnt happen in the nikkei?

Here's a Paulson clarification on his gold investments. I got this from a private research letter "Once the Fed began directly buying Treasuries and mortgages, I lost faith in the dollar as a reserve currency for my assets... What I'm looking at is not where gold is going to be tomorrow, one...

Former Fed Governor and FOMC voter Mishkin indirectly suggests Fed wont hike rates for years http://www.cnbc.com/id/15840232?video=1295005374&play=1 I also remember him saying that he agrees with Bernanke the vast majority of the time a while ago. Also says Fed wont make the BOJ mistake of...