Larry Levin's Blog – April 2013 Archive (1)

Pomo Schedule

Pomo Schedule

Bernanke_pours

Everyone at Trading Advantage hopes you had a great holiday, with plenty of relaxation and good times with the family. It was with family over this extended weekend that generated this post. When discussing the markets (which I can never avoid) the Fed came up, but specifically how the Fed is “supporting” the markets via POMO.

POMO is the Fed’s acronym for Permanent Open Market Operations. From the FRBNYs website we read its…

Continue

Added by Larry Levin on April 1, 2013 at 9:41pm — No Comments