Friday, May 10, 2013

Markets During Periods Of Federal Reserve Intervention – May 9, 2013 Update


In the August 9, 2011 post ("QE3 – Various Thoughts") I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007.

For reference purposes, here is an updated chart from Doug Short’s blog post of May 9 ("Treasury Yield Snapshot…") :

(click on chart to enlarge image)

Dshort 5-9-13 - SPX-10-yr-yield-and-fed-intervention

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 1629.20 as this post is written

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