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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (125848)12/9/2016 6:55:28 AM
From: Elroy Jetson  Respond to of 217703
 
James Mackintosh is obviously an outright crank. What did he read for in Oxford? Certainly not economics. - linkedin.com If Larry Kudlow can still find a job in financial journalism with the nonsense he talks, anyone can.

There is no campaign "to direct funding to governments" - it's laughable, someone on the outside trying to look in at what's going on inside.

If you want to know what's going on with banks and lending, watch tonight's Charlie Rose interview with Bank of America CEO Brian T. Moynihan. It will be available online a day from now. - charlierose.com

Banks don't want any change or repeal of Dodd-Frank which put all lenders under the same big tent - that way leads to collapse. What they're pressing for a a reduction in capital requirements, which would make more money available for loans consumers and businesses generally don't want. - and some might be justified. The problem is the end of this road led to Citibank operating with 1.5% capital compared with something more prudent for banks today like 9% - and that percentage is all adjusted for risk

Since 2008 the money market funds have been short-term repo agreements from very solvent State governments. In California it's almost all repos of California debt. Fidelity doesn't want to be sued, and short-term Federal debt attracts essentially no interest - there's a shortage of short-term US Treasury Bonds and Bills.

These comments below bear zero relationship with reality in industrialized nations.

The campaign by governments to direct financing to themselves, limiting access by the private sector.

In the U.S., there are legal changes under way in the money markets, which is prompting money to shift from “prime” funds, which buy short-term debt issued by companies, to instead buy short-term debt issued by the U.S. Treasury.

This is merely the latest example of what academics call financial repression, a broad category of government policies adopted to encourage or require savings to be lent cheaply to the government.



To: Snowshoe who wrote (125848)12/9/2016 11:44:50 AM
From: elmatador  Respond to of 217703
 
Trump Japan and China.

By Tim Kelly | TOKYO
TOKYO U.S. President-elect Donald Trump's meeting next week with Japanese Prime Minister Shinzo Abe may mark the start of talks to garner Japan's support for a push back against China's growing influence in Asia, a security adviser to Trump said.

In the face of a rising China and a volatile North Korea, Trump's campaign comments, including a demand that Japan pay more for the upkeep of U.S. forces on its soil, have worried Tokyo about a rift in a security alliance with Washington that has been the bedrock of its defense since World War Two.

A tougher stance against China, however, and a call for Japan to play a bigger security role through a Trump-Abe axis would fit with Abe's hawkish policies that include allowing the military to operate more freely overseas.
reuters.com