Welcome To (Treasury) Thunderdome! Overnight Reverse Repo Facility Surges To $104.7 Billion As Investors Seek Shelter From Negative Rates

by confoundedinterest17 The Treasury markets are getting blasted like in Thunderdome from Mel Gibson’s Mad Max Beyond Thunderdome. (Bloomberg) — The popularity of one Federal Reserve overnight deposit facility has surged as investors look for shelter from negative rates in short-term markets, which …

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What Happens When More QE Fails to Reverse the Recession?

by Charles Hugh-Smith The smart money is liquidating assets, paying off debt and moving capital into collateral that isn’t impaired by debt or speculative valuations. The Federal Reserve’s sudden return to “accommodative” dovishness in response to the stock market’s swoon …

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2017 is Watergate in Reverse

By Gabrielle Seunagal For weeks, rumors have circulated that Obama wiretapped Trump Towers during the 2016 campaign. Moreover, reports from the United States Intelligence community indicated that communications from Trump supporters, the Trump administration, and possibly the President himself, were …

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