"Like the Lone Ranger riding to the rescue on his white horse, the market and economy appear to have been saved just in the nick of time. I am firmly of the opinion that all is looking good now. This selloff is over. We are even starting to see sentiment improve and the growth in net Treasury issuance is something that we haven’t seen in three years. It’s all positive. Stocks should continue to rebound and even oil is likely to improve. I saw one forecast of $47 for crude by year-end, which seems completely feasible. We’re back on a positive track. The dollar is in a counter-trend upward correction, but will eventually move lower as pricing improves for foreign exporters."
And then there was this post that appeared here on MNE, remember?
And this on Feb 11:
All this stuff comes from my analysis of the Daily Treasury Statement and that's what my Fiscal Trend Trader report looks at and analyzes.
We have been far more right here at MNE than any other place (even any other MMT place) and that's because we look at flows and not the deficit.
Get the report today. It's only $85 monthly. Well worth it give the accurate forecasts.
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