Goodbye POMO: Normalcy Returns On October 28

Here it is.. the Fed’s buying guide for October. The Federal Reserve Bank of New York has released its $10 billion open market purchase plans… and the buy-into-the-weekend trade may get dented as there are no POMOs on a Friday in October.  After October 28th, equity bulls are on their own with their ‘fundamentals’ as its game over for QE.

 

 

Source: NY Fed




via Zero Hedge http://ift.tt/1rr5aEZ Tyler Durden

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