Relevant:
- Visualizing A POMO Market: How The Fed Added 400 Points To The S&P
- The increasing frequency of the Fed’s POMOs
- Fed Injects Record $5 Billion Into Stock Market With Today's POMO
- Fed's POMO Power Loses Punch- Primary Dealers Will Puke
- Cazenove Strategist Discusses PPT And POMO Interventions To Keep Markets Ramping Higher
2013-08-15 — zerohedge.com
``So, thanks to the US Treasury, we know that between January 2009 and April 2013, on days in which the Fed POMO was more than $5 billion, the stock market rose a total of 570 points, on days in which the POMO was less than $5 billion, the cumulative stock market gain was "only" 141 points, and when there was no POMO, the S&P gained... -51 points.''
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