spin_dry Posted September 18, 2019 Share Posted September 18, 2019 https://www.cnn.com/2019/09/17/business/overnight-lending-rate-spike-ny-fed/index.html Quote Link to comment Share on other sites More sharing options...
f7ben Posted September 18, 2019 Share Posted September 18, 2019 Starting to see guidance to the downside continue for major names. FedEx got killed today Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 18, 2019 Share Posted September 18, 2019 We’re all dead by morning! Duck and cover!!!!! Quote Link to comment Share on other sites More sharing options...
SSFB Posted September 18, 2019 Share Posted September 18, 2019 7 minutes ago, Zambroski said: We’re all dead by morning! Duck and cover!!!!! We all died back in 2012 from Ebola, this is just the Matrix. Quote Link to comment Share on other sites More sharing options...
snoughnut Posted September 18, 2019 Share Posted September 18, 2019 4 minutes ago, Zambroski said: We’re all dead by morning! Duck and cover!!!!! Can you imagine the miserable existence spinvag leads searching all day for gloom and doom? Then to be so kind to share his efforts with us. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted September 18, 2019 Author Share Posted September 18, 2019 1 minute ago, snoughnut said: Can you imagine the miserable existence spinvag leads searching all day for gloom and doom? Then to be so kind to share his efforts with us. It’s only $53 billion. You like this stuff. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 18, 2019 Share Posted September 18, 2019 2 minutes ago, SSFB said: We all died back in 2012 from Ebola, this is just the Matrix. Just now, snoughnut said: Can you imagine the miserable existence spinvag leads searching all day for gloom and doom? Then to be so kind to share his efforts with us. No. He says he’s “enjoying this”. It’s a cry for attention, nothing more. 1 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 18, 2019 Platinum Contributing Member Share Posted September 18, 2019 57,000 posts of pure bullshit says someone else is crying for attention....wow. 😂 1 Quote Link to comment Share on other sites More sharing options...
ManOnManOral Posted September 18, 2019 Share Posted September 18, 2019 2 minutes ago, spin_dry said: It’s only $53 billion. You like this stuff. As if money created out of thin air can be prperly valued. Might as well say it was fifty cents. If you understood that the economy is fake and money is backed by nothing morhan a promise to tax future wages, then you may know that 53 billion fake dollars is nothing. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 18, 2019 Share Posted September 18, 2019 Just now, Jimmy Snacks said: 57,000 posts of pure bullshit says someone else is crying for attention....wow. 😂 Didn’t you already try this once and it caved in on you? Yes, yes you did! Stop being so hilariously pathetic. Or, is there no choice? TDS is just awful. 1 Quote Link to comment Share on other sites More sharing options...
Anler Posted September 18, 2019 Share Posted September 18, 2019 22 minutes ago, Zambroski said: We’re all dead by morning! Duck and cover!!!!! Oh no, surely this is good news! Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 18, 2019 Share Posted September 18, 2019 Just now, Anler said: Oh no, surely this is good news! If only.... Quote Link to comment Share on other sites More sharing options...
AKIQPilot Posted September 18, 2019 Share Posted September 18, 2019 (edited) 2 hours ago, f7ben said: Starting to see guidance to the downside continue for major names. FedEx got killed today . Edited September 18, 2019 by AKIQPilot Quote Link to comment Share on other sites More sharing options...
snoughnut Posted September 18, 2019 Share Posted September 18, 2019 6 hours ago, Jimmy Snacks said: 57,000 posts of pure bullshit says someone else is crying for attention....wow. 😂 Well you have 37,000 posts so stop throwing stones, your glass house is cracking. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 18, 2019 Platinum Contributing Member Share Posted September 18, 2019 1 hour ago, snoughnut said: Well you have 37,000 posts so stop throwing stones, your glass house is cracking. 57,000>37,000.....duh. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 18, 2019 Share Posted September 18, 2019 7 minutes ago, Jimmy Snacks said: 57,000>37,000.....duh. But (and again), how many do you have over at TBP before they ran you off for being a little crybaby? 10k?15k? 20k? Don’t worry, Pouty. Hypocrisy is an asset to your little team of whiners. You’ll move up the ranks quickly!!!! Quote Link to comment Share on other sites More sharing options...
snoughnut Posted September 18, 2019 Share Posted September 18, 2019 2 hours ago, Jimmy Snacks said: 57,000>37,000.....duh. No shit, but you railing on Zammy for the same problem you have is funny. Like I said, put the stones down. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 18, 2019 Platinum Contributing Member Share Posted September 18, 2019 (edited) 21 minutes ago, snoughnut said: No shit, but you railing on Zammy for the same problem you have is funny. Like I said, put the stones down. I said that to him because he said Spin was just looking for attention...you eat a lot of paint chips as a kid? Yeah I have a lot of posts but Mr. 57,000 accusing someone of being an attention whore....dayummmmmmm!!!!! 🤣 Edited September 18, 2019 by Jimmy Snacks Quote Link to comment Share on other sites More sharing options...
Zambroski Posted September 18, 2019 Share Posted September 18, 2019 5 minutes ago, Jimmy Snacks said: I said that to him because he said Spin was just looking for attention...you eat a lot of paint chips as a kid? You are a shitty white knight. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted September 18, 2019 Platinum Contributing Member Share Posted September 18, 2019 Like any economic indicator something to watch but hardly something to ring the alarm bells. However, analysts drew a distinction between the current period of stress and what happened during the crisis. Back then, investors were deeply worried about the financial health of banks. Today, banks are hauling in record profits and balance sheets look sturdy. It's unclear what exactly is causing the stress in the overnight market, or how long it will last. "No one knows why this is happening," Jim Bianco CEO of Bianco Research, said on Twitter. "If it persists more than another day or two, it will be a problem." There are some theories. Cabana, the Bank of America analyst, blamed the spike in overnight lending rates on the Fed badly underestimating the amount of cash needed to keep the financial system operating smoothly. "The Fed just made a policy mistake," Cabana said. "There is not enough cash in the banking system for the banks to meet all of their liquidity and regulatory needs. I'm not that worried, because the Fed will fix it." The catalyst for the stress, according to Cabana, was the fact that US companies withdrew vast sums of money from banks to make quarterly tax payments to the US Treasury Department. That forced banks to draw down their reserves at the Fed. Quote Link to comment Share on other sites More sharing options...
f7ben Posted September 18, 2019 Share Posted September 18, 2019 Just happened/happening again now. Quote Link to comment Share on other sites More sharing options...
Anler Posted September 18, 2019 Share Posted September 18, 2019 11 minutes ago, f7ben said: Just happened/happening again now. $128 billion in 2 days? Probably nothing... https://www.wsj.com/articles/short-term-funding-spike-raises-hopes-for-fed-cuts-11568807648 Quote Link to comment Share on other sites More sharing options...
f7ben Posted September 18, 2019 Share Posted September 18, 2019 (edited) 7 minutes ago, Anler said: $128 billion in 2 days? Probably nothing... https://www.wsj.com/articles/short-term-funding-spike-raises-hopes-for-fed-cuts-11568807648 Companies are already fully leveraged and feasting on cheap credit. What's gonna happen if overnight rates keep spiking , earnings keep declining and we start to see some legitimate inflation? We're gonna see QE and zero rates very soon Edited September 18, 2019 by f7ben Quote Link to comment Share on other sites More sharing options...
Anler Posted September 18, 2019 Share Posted September 18, 2019 4 minutes ago, f7ben said: Companies are already fully leveraged and feasting on cheap credit. What's gonna happen if overnight rates keep spiking , earnings keep declining and we start to see some legitimate inflation? We're gonna see QE and zero rates very soon Doom and gloom is one thing but they are definitely hiding some shit here. You dont just throw $128 billion into something all willy nilly like "Oh thats just Tuesday" ... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted September 18, 2019 Platinum Contributing Member Share Posted September 18, 2019 7 minutes ago, f7ben said: Companies are already fully leveraged and feasting on cheap credit. What's gonna happen if overnight rates keep spiking , earnings keep declining and we start to see some legitimate inflation? We're gonna see QE and zero rates very soon Trump is talking about negative rates...how in the fuck does that even work? I saw Ron Paul asked about it and he was incredulous that it’s even being talked about. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.