Rally Continues Due To Geithner Gallop And Fomc Shocker, But Where From Now...
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THE BEAR MARKET RALLY CONTINUES ON THE BACK OF GEITHNER’S SENSE OF WISDON AND FEDERAL SHOCKER. TWO OF THE EVENTS ARE OVER FROM MY EXPECTATION OF FIVE-SIX EVENTS WHICH I FELT, AS AND WHEN UNFOLDED ...
THE BEAR MARKET RALLY CONTINUES ON THE BACK OF GEITHNER’S SENSE OF WISDON AND FEDERAL SHOCKER. TWO OF THE EVENTS ARE OVER FROM MY EXPECTATION OF FIVE-SIX EVENTS WHICH I FELT, AS AND WHEN UNFOLDED WOULD PROVIDE DIRECTION TO GLOBAL EQUITY MARKETS. DETAILS ON EVENTS UNFOLDED AND GOING TO BE UNFOLDED GIVEN IN THE ATTACHED FILE.
The 7US$ and 6:1 (again 7) D/E ratio push for a 7% rally on Wall Street; BUT where from now; is it a sign of changing times?
Invest just US$7 for exposure to US$ 100: The rally continues on the back of Geithner’s GALLOP on the back of his PPP plan for banks toxic/legacy assets and FOMC shocker. Geithner’s PPP plan unveils that under a typical transaction, for every $100 in soured mortgages being purchased from banks, the private sector would put up $7 and that would be matched by $7 from the government. The remaining $86 would be covered by a government loan provided in many cases by the Federal Deposit Insurance Corp with bank loans to be auctioned to the highest bidder with respect to legacy loans (more details on today’s plan given below in the article).
Warm Personal Regards,
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