Markets During Periods Of Federal Reserve Intervention – July 12, 2017 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 (through July 11, 2017) from Doug Short’s blog post of July 12 (“Treasury Yields:  A Long-Term Perspective“):



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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2443.25 as this post is written