Can you believe it? The Fed isn’t done with the Repo Crisis!

But when you go on the financial news, everyone has forgotten about it and they’re back to telling you which stocks to buy. So stupid. People don’t realize what’s really happening. 10 years of adrenaline and a breathing and feeding tube into this sick patient and they have the audacity to tell us this is Weekend at Bernie’s?! It’s gone. It’s finished. You can’t put QE on top of QE in order to fix a problem of created by the makers of QE. It’s insanity!

The Repo Madness continues! It has been a wild ride so far but the media has already forgotten about it. Water under the bridge. Nothing to see here folks. Well in reality, the expectation is that it will actually get worse into year-end and the Fed is getting ready. JP Morgan who may have been responsible for actually triggering the Repo crisis, is making major changes to their portfolio, and some analysts are suggesting despite what they’re saying, JP Morgan seems to be preparing for a new Financial Crisis. Interesting indeed.

 

Repo and Reverse Repo Operations – Federal Reserve Bank of New York

apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000

Fed is open to changing its plan to calm repo markets if necessary, top staffer says – MarketWatch

www.marketwatch.com/story/fed-is-open-to-changing-its-plan-to-calm-repo-markets-if-necessary-top-staffer-says-2019-11-04

bfmBC49_0.jpg (867×506)

www.zerohedge.com/s3/files/inline-images/bfmBC49_0.jpg?itok=RH_3StTl

Money Market Developments: Views from the Desk – FEDERAL RESERVE BANK of NEW YORK

www.newyorkfed.org/newsevents/speeches/2019/log191104.html

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www.newyorkfed.org/medialibrary/media/newsevents/speeches/2019/log191104/fig3.jpg

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www.newyorkfed.org/medialibrary/media/newsevents/speeches/2019/log191104/fig4.jpg

JPMorgan pours $130bn of excess cash into bonds in major shift | Financial Times

www.ft.com/content/cb88f676-f9a9-11e9-a354-36acbbb0d9b6

Fed Outlines Rationale for T-Bill Buying, But Keeps Options Open

finance.yahoo.com/news/fed-outlines-rationale-t-bill-205648143.html

Financial Plumbing Prone To Clogging Amid Bank Liquidity Trap | S&P Global Market Intelligence

www.spglobal.com/marketintelligence/en/news-insights/blog/financial-plumbing-prone-to-clogging-amid-bank-liquidity-trap

China Makes First Cut in Key Lending Rate Since 2016 – Caixin Global

www.caixinglobal.com/2019-11-05/china-makes-first-cut-in-key-lending-rate-since-2016-101479257.html

Australia’s central bank leaves rates unchanged – MarketWatch

www.marketwatch.com/story/australias-central-bank-leaves-rates-unchanged-2019-11-04

UAE’s central bank governor on interest rate cut and risks ahead

www.cnbc.com/2019/11/03/uaes-central-bank-governor-on-interest-rate-cut-and-risks-ahead.html

Central banks, summary of current interest rates

www.global-rates.com/interest-rates/central-banks/central-banks.aspx

Goldman’s Solomon Joins Critics of Europe’s Negative Rate Policy – BNN Bloomberg

www.bnnbloomberg.ca/goldman-s-solomon-joins-critics-of-europe-s-negative-rate-policy-1.1343011

Negative interest rates: Bankers at the IMF meeting weigh in – Reuters

uk.reuters.com/article/uk-usa-worldbank-negativerates-highlight/negative-interest-rates-bankers-at-the-imf-meeting-weigh-in-idUKKBN1WX2OQ

Risky Mortgage Bonds Are Back and Delinquencies Are Piling Up – BNN Bloomberg

www.bnnbloomberg.ca/risky-mortgage-bonds-are-back-and-delinquencies-are-piling-up-1.1342533

bc-risky-mortgage-bonds-are-back-and-delinquencies-are-piling-up.png (620×349)

www.bnnbloomberg.ca/polopoly_fs/1.1342534.1572879125!/fileimage/httpImage/image.png_gen/derivatives/landscape_620/bc-risky-mortgage-bonds-are-back-and-delinquencies-are-piling-up.png

Robinhood Traders Discovered a Glitch That Gave Them ‘Infinite Leverage’ – BNN Bloomberg

www.bnnbloomberg.ca/robinhood-traders-discovered-a-glitch-that-gave-them-infinite-leverage-1.1343289

 

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