Relevant:
- 16th Sequential Equity Fund Outflow Takes Total To Over $50 Billion YTD; Retail Boycott Of Stocks Continues
- US Treasury Finally Admits The Truth: It's All POMO
- Real Deal on Retail- Even Worse Than They Said
- Are the Federal Reserve and Its Primary Dealer Banks Manipulating the Stock Market?
- Fed announces it will buy $35 billion in MBS Reinvestment Program in next month for total purchases of $85 billion
2010-09-20 — zerohedge.com
``$5 billion today, add another $6 billion on Wednesday and Friday, lever up 30 times and you have some $300 billion in free buying given to the Primary Dealers so they can ramp the S&P to 1,150 by the end of the month. Job well done Mr. President. Too bad nobody but Wall Street and a few HFT prop desks care about the stock market any more.''
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