The Fed's Reservoir is Being Depleted: Dave's Daily: "
Click to view a price quote on IWM.
Click to research the Financial Services industry."
The image above is from the 1920s courtesy of a WSJ discovery where several posters from that era exist. Seeing this you'll know little has changed over the years with hyped promotions. Of course, the Fed has all the paper and printers ink necessary to make the Weimar Republic look like child's play.
But it's important to understand historical repetitions and comparisons. That said, the Fed did another round of liquidity injections (POMO) that perhaps got spent on the noon to 2 PM mini stock market rally Friday.
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Click to view a price quote on IWM.
Click to research the Financial Services industry."
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