CNBC’s Fast Money – Playing Fast & Loose With Facts About FED & US Treasuries?
On Thursday, March 26, 2009, Mr. Joe Terranova made an “expert” appearance on CNBC’s Fast Money Show to discuss “Trading China’s Stimulus”. He quickly launched into his favorite topic, US Treasuries. He actually suggested on American National TV that the US Federal Reserve was following the lead of Chinese Government in buying the same maturities of US Treasuries…