SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JRI who wrote (13321)9/13/2001 9:35:47 AM
From: John Madarasz  Read Replies (1) of 209892
 
The $38.25 billion fixed repo term will expire today, so It will be a good idea to watch for some more activity in this regard...but

..."the most recent total amount in reverse repos from large commercial banks which represents collateralized borrowing of funds by broker-dealers to finance their activities" has risen above the previous record level of Y2K... basically an unsustainable state of affairs.

Considering this HIGHLY leveraged position now held by large commercial institutions, I would have to think the risks of a severe decline are greatly increased, regardless of any short term appreciation in equity prices, short covering/ buying notwithstanding.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News