[movermike] movermike: The TIC Report

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Posted by movermike:
The TIC Report 
http://www.movermike.com/posts/1195267057.shtml


   [1]Treasury International Capital Data for September was released
   today and continues a worrisome trend: too small foreign investment in
   our securities, especially long term U.S. Governments. We need about a
   $60 Billion inflow per month and we were getting the needed inflow
   until July. Not only were we getting the needed inflow, but there were
   never three months in a row that did not meet our needs. Take a look
   at the 2007 Numbers:

   Foreign Demand for Long-Term U.S. Securities
   Released on 1/17/07 For Nov 2006
   Actual                                      $68.4B
   Released on 2/15/07 For Dec 2006
   Actual                                      $15.6B
   Released on 3/15/07 For Jan 2007
   Actual                                      $97.4B
   Released on 4/16/07 For Feb 2007
   Actual                                      $58.1B
   Released on 5/15/07 For Mar 2007
   Actual                                      $67.6B
   Released on 6/15/07 For Apr 2007
   Actual                                      $84.1B
   Released on 7/17/07 For May 2007
   Actual                                      $126.1B
   Released on 8/15/07 For Jun 2007
   Actual                                      $120.9B
   Released on 9/18/07 For Jul 2007
   Actual                                      $19.2B
   Released on 10/16/07 For Aug 2007
   Actual                                      $-69.3B
   Released on 11/16/07 For Sep 2007
   Actual                                      $26.4B

   Three months in a row. That is not a good sign! The securities have to
   be purchased. We need the inflow, if not then the FED will have to
   purchase the securities, monitization, and that is highly
   inflationary.

   [2]Treasury International Capital Data [3]TIC Report [4]Mover Mike

References

   1. http://premium.econoday.com/reports/US/EN/New_York/tic/year/2007/yearly/05/index.html
   2. http://technorati.com/tag/Treasury+International+Capital+%20Data
   3. http://technorati.com/tag/TIC+Report
   4. http://technorati.com/tag/Mover+Mike