Intraday Market Thoughts
Archived IMT (2009.05.20)
by
May 21, 2009 0:26
For every One USD the Fed buys, the Treasury borrows 3 times as much in the building just 6 blocks away. And the dollar is spaying the cost of this arrangement. Stocks remain consistent with our view for a topping out pattern. But the dollar is showing some serious signs of corrosion, gradually breaking down from its usual inverse relation with equities. This could be a long complex summer.
Latest IMTs
-
Covering Gold & Nasdaq
by Ashraf Laidi | Oct 8, 2026 14:02
-
DXY Analog
by Ashraf Laidi | Oct 7, 2026 14:44
-
Gold's Triangle Base Held
by Ashraf Laidi | Oct 5, 2026 10:21
-
What's Special about Gold?
by Ashraf Laidi | Oct 2, 2026 12:21
-
Gold Silver Update
by Ashraf Laidi | Sep 30, 2026 9:38
