Thursday has become like a miniature Christmas Day for me, ever since I figured out how to use SlopeCharts with Federal Reserve data as a Near-Perfect Predictor. The latest data has tumbled out, and I’ve got the latest exciting projection.
First off, Reverse Repo is taking off like a rocket, and I suspect it’s going MUCH, MUCH higher, since the government is going to be shoving gargantuan interest rate payments into the pockets of those nice people at Goldman Sachs and Morgan Stanley (NYSE:MS) (NYSE:Morgan Stanley. This chart is approaching two a half TRILLION dollars per NIGHT.
Let’s just say I cannot WAIT to trot this tweet out and rub bullish noses in it………..