Thursday, September 13, 2007

The Markets Dirty Little Secerate

At 2:00 PM the US Treasury reports on the budget. If Spending is in control and tax revenues look good fewer ten year notes will have to be auction off to cover the budget. Supply and demand will drive down the real interest rate. Of course if the Bush spending machine is out of control, the unemployed people are not paying taxes and coroporate America has nothing to chip in. The market will be flooded with an over supply of ten year notes.

People prefer to believe in the power of Wizard of OZ over reality. Even oday the news is reporting on whether the FEDs lower rates or not on September 18.

Watch. At 2:00 pm the markets are gonna move one deriction or the other. The deep pockets won't wait for a press release.

Click on the heading for the US Treasury website.

Comments:
I really appreciate your post. It gives an outstanding idea that is very helpful for all the people on the web. Thanks for sharing this information.And I’ll love to read your next post too. Regards: optiontips.in
optiontips.in
 
Post a Comment

Subscribe to Post Comments [Atom]





<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]