60/40 portofolios will close the year with the worst YTD return in 100 years.. next year even worse. they hold bonds.. pic.twitter.com/gZbsL2kn2d
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) December 30, 2022
Federal reserve reverse repos just skyrocketed. Up $300 billion since yesterday.
The Fed pays (risk free) interest to commercial banks on these deposits … the Fed’s profits (on its bond portfolio) that used to go directly to the US treasury. pic.twitter.com/1bdIt7Mngz
— Wall Street Silver (@WallStreetSilv) December 30, 2022
There it is a record in REVERES REPO ACTIVITY pic.twitter.com/V196xp0Dir
— Michael J. Kramer (@MichaelMOTTCM) December 30, 2022
— Clown World Today 🤡🌎 (@cwt_news) December 30, 2022
Recap of 2022 pic.twitter.com/cjOBtGFe52
— Not Jerome Powell (@alifarhat79) December 30, 2022
Congress and the Federal Reserve Could Be Setting Us Up for Economic Disaster
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
Housing Supply Jumps Most On Record As Market Freezes
A downturn in the residential real estate market could be nearing, Kieran Clancy, a senior US economist at Pantheon Macroeconomics, recently warned. The potential for a major price decline has been on our radar in recent quarters as elevated mortgage rates and record-high prices create an unfavorable environment for buyers.