Thursday, December 26, 2019

The Pozsar Prophecy did not come to pass

Our Dec. 10 post citing a prediction by a market pundit from the ZeroHedge site....

  • "It's About To Get Very Bad" - Repo Market Legend Predicts Market Crash In Days .....

.....and ensuing market chaos in the days surrounding Christmas did not come to pass.  Perhaps too many were expecting it.  Perhaps the Fed is stronger than market forces left alone, once more.  Meanwhile, the Fed shovels dollars into the market to keep things afloat.

Instead, as we advance into the new year 2020, the new decade, we read predictions that the SP500 will continue its march, and not rest until 4000.  Will this prediction come true? We suspect this is the real "Fed policy."

Will the Fed remain in control of market forces .... forever?

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