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Saturday, November 1, 2014

US Federal Reserve Total Assets keeping rising and so does the market

Dow +194.90 at 17390.32, Nasdaq +64.60 at 4630.74, S&P +23.40 at 2018.05

The stock market finished the month of October with a broad rally that sent the S&P 500 higher by 1.2%. The benchmark index extended its October advance to 2.3% and ended at a fresh record high, while the Nasdaq Composite (+1.4%) outperformed to end October with a 3.1% gain. 

Interesting thing is US Federal Reserve Total Assets is at a current level of 4.487T, up from 4.482T last week and up from 3.839T one year ago. This is a change of 0.11% from last week and 16.87% from one year ago. 

S&P500 vs US Federal Reserve Total Assets on Oct 14th

US Federal Reserve Total Assets historical data as of Oct 29th 

US Federal Reserve Total Assets Summary

  • Last Value: 4.487T
  • Latest Period: Oct 29 2014
  • Updated: Oct 30, 2014, 4:52 PM EDT View Release
  • Next Release: Nov 6, 2014, 4:30 PM EST
  • Frequency: Weekly
  • Unit: USD
  • Adjustment: N/A
  • Value Previously: 4.482T
  • Change From Previous: 0.11%
  • Value One Year Ago: 3.839T
  • Change From One Year Ago: 16.87%
  • First Period: Dec 18 2002
  • First Value: 720.60B
I have been pointing no matter what Fed decides publicly but as  long as US Federal Reserve Asset will rise, this market will continue to move upside no matter they do QE or completely stop it

1 comment:

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