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Listed below are Chris' most recent Martenson Insider posts. New Martenson Insider posts are immediately available to ChrisMartenson.com enrolled members and are occasionally made available to registered members at a later date.
Chris also publishes exclusive Martenson Reports, Podcasts, and Newsletters and Alert messages for ChrisMartenson.com enrolled members. If you're not already an enrolled member, join today by clicking here so that you will receive access to this in-depth content.
Pumps On Full
I am truly amazed at what I am seeing out there in the markets these days. I also understand and share the frustration of the many analysts who know what "should" be happening but is not.
What should be happening is massive, self-reinforcing deflation caused by debt destruction and resulting from the housing bust and retreat of consumer borrowing.
These are harrowing figures: read more »
- 50 comments
- 28247 reads
Martenson Insider - Fed POMO activity and the Stock Market
Today, again, we receive news that Fed is continuing to pour more and more POMO money into the banking system, this time with a 'mere' ~$2 billion addition.
August 7 - New York Fed purchases $1.937 billion in agency coupons
As long-time readers here know, I have been tracking the Permanent Open Market Operations (or "POMO") activity of the Fed for a long time.
As I wrote in The Five Horsemen ( May 31 2009, enrollment required $):
read more »- 16 comments
- 18337 reads
The Fed Buys Last Week's Treasury Notes
In concert with the claims I made in the prior post, The Fed bought $7 billion in Treasuries today and even more yesterday.
This is at the upper end of their recent range of already exceptional purchasing activity.
If things are so rosy that every single dip is being bought in the stock market with a vengeance, I wonder why these printing operations are really necessary?
read more »- 5 comments
- 3252 reads
New Feature - The Martenson Insider
Welcome to the start of a new feature for enrolled members called the Martenson Insider. We are pleased to offer this new enrolled benefit, which replaces the In Session forum threads with a blog-style format that will support easier access, viewing, searching, and comment-threading beneath each post.
I've granted full access to today's postings for everyone to see, which includes all comments, by the way. After today, the content and comments will be only viewable by enrolled members (unless I grant access for a given posting, and then everything will be viewable for that post).
Here's the first post of the day:
Trust Actions, Not Words
The "green shoots" idea is trotted out in Europe, especially in the UK, just like it is in the US. The purpose is to use words and statistics to try and convince everyone that "we've turned the corner."
While admirable, it is also a source of amusement to those paying attention. Here we might note the humorous gap between what they are saying and what they are doing.
Check out the next two articles from yesterday (8/5/09), which contain the words, and then compare them to the third article, which has the actions.
read more »- 3 comments
- 1924 reads