Tuesday looks to be a busy day in June ($7.45bn or 30% of POMO buying on that day) as the Fed announces the schedule for its Permanent Open Market Operations (POMO) buying. The tapered $25 billion buying schedule does offer some ‘investing’ insights as The Fed refuses to buy on a Friday… (that should make for long weekends and even greater weekly cyclicality in stocks)…
Not one Friday for the Fed money printing…
via Zero Hedge http://ift.tt/1psve0X Tyler Durden