spin_dry Posted January 9, 2020 Share Posted January 9, 2020 https://www.google.com/amp/s/www.wsj.com/amp/articles/fed-adds-83-1-billion-in-short-term-money-to-markets-11578582197 Quote Link to comment Share on other sites More sharing options...
Zambroski Posted January 9, 2020 Share Posted January 9, 2020 Impeach the Fed!!!! .....psst, just add it on Trumps docket. Quote Link to comment Share on other sites More sharing options...
f7ben Posted January 9, 2020 Share Posted January 9, 2020 We are owed an explanation for this. I'm less concerned about the actual repo lending which is 24hr loans that are collaterized etc and repaid almost immediately My concern is the term lending. This article outlines that half that money was a 2 week loan... That is fucked and should not be a function of the discount window We are bailing out someone to the tune of nearly 500 billion in the last 4 weeks and we deserve to know who Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted January 9, 2020 Platinum Contributing Member Share Posted January 9, 2020 (edited) Corps continue to borrow money like mad even without a need because of low interest rates. Jim Cremer was talking about this today. Bank reserves in turn are low. He said even apple one of the most cash rich companies in the world is borrowing bigley. Edited January 9, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
f7ben Posted January 9, 2020 Share Posted January 9, 2020 2 minutes ago, Highmark said: Corps continue to borrow money like mad even without a need because of low interest rates. Jim Cremer was talking about this today. Bank reserves in turn are low. He said even apple one of the most cash rich companies in the world is borrowing bigley. This is a direct result of our debt to GDP being at an all time high if you discount ww2. Interest rates cannot be allowed to rise even modestly or the US cannot service its debt load. This necessitates corporate borrowing to stay competitive. If your direct competitor is going to spend 1 billion in credit expanding you have no choice but to follow or be stamped out Quote Link to comment Share on other sites More sharing options...
Anler Posted January 9, 2020 Share Posted January 9, 2020 33 minutes ago, f7ben said: We are owed an explanation for this. I'm less concerned about the actual repo lending which is 24hr loans that are collaterized etc and repaid almost immediately My concern is the term lending. This article outlines that half that money was a 2 week loan... That is fucked and should not be a function of the discount window We are bailing out someone to the tune of nearly 500 billion in the last 4 weeks and we deserve to know who I'm sure the banks know who that's why they jacked the interest rate causing the fed to step in. Now if they call out "who" what do you think that does to the market? And it will also put scrutiny on everyone else which could compound a negative market reaction. But yeah not knowing and not telling just makes everyone assume the worst. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted January 10, 2020 Share Posted January 10, 2020 The fail will be huge. Quote Link to comment Share on other sites More sharing options...
racer254 Posted January 10, 2020 Share Posted January 10, 2020 1 minute ago, Mainecat said: The fail will be huge. Explain? Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted January 10, 2020 Share Posted January 10, 2020 2 hours ago, spin_dry said: https://www.google.com/amp/s/www.wsj.com/amp/articles/fed-adds-83-1-billion-in-short-term-money-to-markets-11578582197 Kind of sucks that we don’t have 8 years worth of threads to look back on. All the bitching about debt and quantitive easing lost forever. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 10, 2020 Share Posted January 10, 2020 2 hours ago, Highmark said: Corps continue to borrow money like mad even without a need because of low interest rates. Jim Cremer was talking about this today. Bank reserves in turn are low. He said even apple one of the most cash rich companies in the world is borrowing bigley. At these low rates that is a smarter bet. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 10, 2020 Share Posted January 10, 2020 6 minutes ago, revkevsdi said: Kind of sucks that we don’t have 8 years worth of threads to look back on. All the bitching about debt and quantitive easing lost forever. GICs forever bitches. Quote Link to comment Share on other sites More sharing options...
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