The increasing frequency of the Fed’s POMOs

More details on Fed POMO market interventions, referred to in the last post: ``Here’s a nice chart from Olivier Jakob at Petromatrix, who is taking an increasingly broad view of market goings-on in his bid to interpret the energy complex — oil, gas, the lot — on a daily basis... It shows, as he notes, the scale and increased frequency of the Federal Reserve’s permanent open market operations (POMO).''