FICC – MBS Alert! Ccertain Deterministic Risk Component items (Mark-to-Market items, cash obligation items and accrued principal and interest) from the Required Fund Deposit calculation to Cash Settlement, revise thresholds in the Intraday Mark-to-Market Charge, establish a new Intraday VaR Charge

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by Dismal-Jellyfish Source (pdf) Smoothbrain take; Housing loans are treated as securities/assets. There are rules about how that works. They’re moving risky shit(calls/puts, loans/intrest) from ‘you just need a deposit’ to yall better have fucking cash. They’re also revising the every day check of “yo shit good? you got enough cash?” (likely increasing required amount) and … Read more

Turkish Lira Weakens to Lowest Since 2021 Currency Meltdown

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by Boo_Randy Becoming our own central banks by stacking the shiny is literally We the People’s only defense against our corrupt elites & criminal central bankers. https://www.bloomberg.com/news/articles/2022-05-24/turkish-lira-weakens-to-lowest-since-2021-currency-meltdown?srnd=premium-middle-east&sref=ibr3A0ff The Turkish lira weakened to a five-month low against the US dollar as monetary policy remains far too loose to curb the fastest pace of inflation in 20 … Read more

Looking for big dividends returns?

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by cicada3322 Look no further. If you are new to investing or just want a safe place to park your money to watch it grow. Then let’s talk about some ETF’s. Or, Exchange Traded Funds. These are already managed for you. So I highly reccomend them for new investors. Especially the “Covered Call” ETFs that … Read more

SEC Charges TradeZero America and Co-Founder with Deceiving Customers about Meme Stock Trading Halts

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FOR IMMEDIATE RELEASE 2022-88 Washington D.C., May 24, 2022 — The Securities and Exchange Commission today charged broker-dealer TradeZero America Inc., and its co-founder, Daniel Pipitone, with falsely stating to the firm’s customers that they didn’t restrict the customers’ purchases of meme stocks when in fact they did. In late January 2021, many brokers restricted … Read more

Stocks Could Very Well Break That Red Line This Time

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by The Phoenix The stock market is pretty scary these days, isn’t it? Anyone who is bullish on stocks… or thinks they are cheap and worth buying, keeps getting wrecked. It’s not entirely their fault; the non-stop interventions by “someone” keep making it appear as if there are real buyers in the markets. Yesterday showed us that … Read more

Arrest Hillary Clinton and All Who Supported the Russian Collusion Hoax

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by Martin Armstrong Hillary Clinton is GUILTY of manipulating the 2016 US Presidential Election. No one believed Donald Trump when he said that the Russian collusion narrative was “fake news.” Top Clinton campaign manager Robby Mook testified under oath in federal court and confirmed that Hillary Clinton devised the Russia/Alfa Bank rumors. She encouraged her people to … Read more

‘Financially Crippled:’ Celebrity NFTs Leave Fans and Investors Broke NFTs (non-fungible tokens) VEGAS ODDS

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In recent months, NFTs (non-fungible tokens) have become increasingly popular with many celebrities promoting their own NFTs. Now, many fans who invested in digital tokens promoted by their favorite stars are financially “crippled.” One investor believes that celebrities “took their payouts and moved on while everybody who scraped by to invest in their futures got … Read more

When the crowd gets trapped in the casino with no way out, we’ll probably realize I’m too bullish…. The run to cash has officially begun.

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I just read on Bloomberg that after hours Snapchat caused a 30 point drop in the S&P futures. You can't make this shit up. Better keep an eye on Go Daddy. When the crowd gets trapped in the casino with no way out, we'll probably realize I'm too bullish. pic.twitter.com/0QSb29RmCi — Mac10 (@SuburbanDrone) May 24, … Read more

“I think a pause in September might make sense” – Atlanta Fed President Bostic on rate hikes

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by FarrisAT https://www.reuters.com/markets/us/bostic-baseline-is-pause-rate-hikes-september-assess-impact-2022-05-23/ It “might make sense” for the Federal Reserve to pause further interest rate hikes following expected half-point rate increases over the next two months as the central bank assesses the impact on inflation and the economy, Atlanta Fed President Raphael Bostic said on Monday. Bostic’s comments are the most overt suggestion yet that … Read more

How The Fed Killed Mortgage Current Coupon Rate – MBS Index, Back To 1985 Levels (As It Tries To Fight Inflation, A Fight It Can’t Win)

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by confoundedinterest17 As The Federal Reserve tries to fight inflation (it can’t thanks to Federal energy policies and bottlenecks), it is causing a disconnect between mortgage current coupon rate and the MBS index coupon. The disconnect is so bad that it is back to 1985 levels. The Fed can certainly try to cool inflation, but Biden … Read more