- You've all heard of POMO, the Federal Reserves Permanent Open Market Operations, recently.
- Above is a great graphic which demonstrates the correlation between POMO days and stock market performance over the past two months.
- Correlation or causation is the question? Can't prove causation but...
- It sure looks as if the government has bought themselves a stock market rally.
- What do you think?
- Artificial market. How do you invest in what may turn out to be a mirage?
- 'Nuff said....Good luck!
Existing-Home Sales Drop Slightly, Stagnant for Almost Three Years
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Sales are down 0.2 percent on the month and nowhere for years.
19 minutes ago
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