Markets During Periods Of Federal Reserve Intervention – December 18, 2012 Update

In the August 9, 2011 post (“QE3 – Various Thoughts“) I posted a chart that depicted the movements of the S&P500, 10-Year Treasury Yield and the Fed Funds rate spanning the periods of various Federal Reserve interventions since 2007.

For reference purposes, here is an updated chart from Doug Short’s blog post of December 19 (“Treasury Yield Snapshot“) :

(click on chart to enlarge image)

Dshort 12-19-12 SPX-10-yr-yield-and-fed-intervention



The Special Note summarizes my overall thoughts about our economic situation

SPX at 1438.94 as this post is written