Intraday Market Thoughts
Archived IMT (2009.05.20)
by
May 21, 2009 0:26
For every One USD the Fed buys, the Treasury borrows 3 times as much in the building just 6 blocks away. And the dollar is spaying the cost of this arrangement. Stocks remain consistent with our view for a topping out pattern. But the dollar is showing some serious signs of corrosion, gradually breaking down from its usual inverse relation with equities. This could be a long complex summer.
Latest IMTs
-
Gold or Silver?
by Ashraf Laidi | Jan 23, 2026 17:42
-
40 on the Mint Ratio
by Ashraf Laidi | Jan 23, 2026 11:27
-
Trump's Golden Hit
by Ashraf Laidi | Jan 22, 2026 10:58
-
4890 Hit, Now What?
by Ashraf Laidi | Jan 21, 2026 11:34
-
Gold 4850 No Change
by Ashraf Laidi | Jan 20, 2026 9:48





