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.
Technology Stocks : AMD, ARMH, INTC, NVDA
AMD 215.11+0.1%Dec 24 12:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: THE WATSONYOUTH9/20/2019 3:05:03 PM
of 73147
 
cnn.com

.....I thought the banks were suppose to have such large reserves now with the new rules. The repo rate spiked to over 9% before the feds stepped in. Someone(s) out there needed cash and paid over four times the feds targeted overnight rate. They had to come in with billions to get it back down. The required liquidity to maintain these low overnight rates is just not there. I see the feds have had to come in several days in a row and will now do it weekly thru Oct 10..........just another form of QE........... This is NOT good folks. Just a year ago, the feds told us that reducing their balance sheet would proceed without incident..........would be "like watching paint dry"......I remember that dingbat Yellen saying there would not be another financial crisis in her lifetime........how anyone could have any confidence in what the feds feeds us is beyond me.

.....read the piece............"Until this week, the Fed hadn't launched an operation like this since 2008."

.................if they lose control of the overnight rate (the actual short term rate), look out.
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