Amidst all the discussions that the Fed will start tapering by reducing the number of treasury securities they will purchase through mortgage-backed securities , we find conflicting statements indicative of a further increase in the money supply.
The FOMC also directed the Desk to increase SOMA holdings of Treasury securities by at least $60 billion per month and of agency MBS by at least $30 billion per month during the monthly purchase period beginning in mid-December.
Onto of its life-changing therapies, its stock price has seen its share price rise 125% this year, delighting many shareholders.
Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice.