I've always been a strong believer in the fact fundamental analysis is flawed, Technical Analysis is used against traders and Mass Psychology is poorly understood, and all of this in one way or another comes back to illegal information sharing at the highest levels.
We've seen the 3C hints on F_O_M_C days that there was a leak, not often, but when we saw it , it was clear as day and we traded it immediately.
So it was little surprise when in 2013 we found out the F_E_D had leaked the F_O_M_C minutes about a day and a half early to approximately 154 Institutional and Private Equity Funds via email...
Minutes Leaked From the F_E_D... As Always, Beware the F_E_D Knee Jerk Reaction
I can't count how many times we have featured Goldman Sachs trade recommendations that are ALWAYS wrong, of course they are on the other side of the trade.
Then came the leak of Goldman's ties to the NY F_E_D...
And Secret Recording Inside the NY F_E_D
And my article just over a week ago, after Bullard's comments had an eery market moving effect, but only once Wall St. was positioned...Going both ways, up and down....
The Plunge Protection and Market Correction Team
And now we can talk about the issue without tinfoil hats, but it seems, "Follow the money" is still the best source of analysis...
Today from Bloomberg...
Goldman Fires Bankers After Getting Confidential F_E_D Info
We can safely take off the tinfoil hats. Corruption? Yes. However, money moves the market, so we keep following the money....
Enjoy
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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