Everything Is Now Correlated Exclusively To The Fed's Balance Sheet

[gnome]

This doesn't surprise us at all. Looks toppy to me.

Everything Is Now Correlated Exclusively To The Fed's Balance Sheet
Submitted by Tyler Durden on 03/04/2011 14:29 -0500

Money Supply

The chart which we presented a few weeks ago courtesy of Sean Corrigan sees a few additional components added to it. Whereas before the chart focused on the Adjusted Austrian money supply and commodity prices, it now sees the addition of the S&P and Junk spreads. In a word: every single asset class correlates 1:1 with the Fed's balance sheet. If the Fed is really planning on ending QE2 on June 30, the market collapse will be epic. And, yes, this should not come as a surprise to anyone

http://www.zerohedge.com/article/eve...-balance-sheet

[graspAU]

zerohedge is a place I go everyday. Always a great read.

[fl57caveman]

http://theeconomiccollapseblog.com/a...er-should-know

some good reading, on why things are so bad, and getting worse