Browse Stacks: Analytics: zerohedge.com/sites/defaul...5_EOD11_1.png

zerohedge.com/sites/defaul...5_EOD11_1.png

We have priced in the rest of the Fed's balance sheet expansion to the end of the Taper... The S&P is actually around 20-25 points rich to the current levels of the Fed's balance sheet

Comments

AmyAmy
Magic waffles are hard to price. (taper may be a lie - see belgian purchases for instance) 6/6/14
Loaf_of_BreadLoaf_of_Bread
the fed is intrest rates ,.....stocks are another world 6/6/14
facesincabsfacesincabs
I am not a 'fundamentally-based' trader .. but this is an interesting chart .. I agree with Amy's warning (some Fed involvement and purchases are not wholly transparent .. disagree with Loaf of Bread though .. there is a clear and track-able relationship between bonds and stocks (easily placed on a chart) .. 6/6/14
RideTheCurveRideTheCurve
I prefer "Magic Brownies", which seems to be what has been served at at each FOMC Love-In from 2008 to present. 6/6/14
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