标题: [转贴] 81B redemption YTD ... dumb or smart? You tell [打印本页] 作者: not4weak 时间: 2010-10-26 19:21 标题: 81B redemption YTD ... dumb or smart? You tell
Although at $81billion in redemptions YTD, even an uptick eventually would be too little to late. The only marginal buyers continue to be the primary dealers (using POMO cash), desperate pension funds (getting led to the slaughter), and algos which churn stocks a few million times per day, end on a loss, but then collect liquidity rebates from the exchanges and are happy. Aside from these three, there is nobody else.Weekly flows:
Cumulative flows: 作者: not4weak 时间: 2010-10-26 19:24
The FED might end up holding everything.作者: buhuyou 时间: 2010-10-26 19:39
