NY Fed Spends 53 Billion To Rescue Overnight Lending Market

[caddo kid]

Market Watch is reporting a $75 BILLION repurchase for one calendar (over night) day.

Fed carries out repo operation for second straight day

What does this tell US?

It tells US that in a nation that completely fails to question its' clueless leadership at the highest level, when we do finally fall flat on our collective financial ass, we will get what we voted for & what we deserve.

Enjoy the ride because it's gonna be a bitch; you won't even have to pay to get on a roller coaster.

It's fucking Federal Reserve fault, not POTUS. All the more reason to abolish the fed

FYI little boi; Trump has been utilizing his overbearing influence upon the FED to reduce rates, in case you haven't noticed.

Now, go sit back down in your wittle corner.

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

D'oh!

You post some useless graph with no explanation of your own, or any explanation from any economic source; only, "D'oh!"

Yep; you are really that stupid. Congrats.

 

[CrusaderFrank]

It's fucking Federal Reserve fault, not POTUS. All the more reason to abolish the fed

FYI little boi; Trump has been utilizing his overbearing influence upon the FED to reduce rates, in case you haven't noticed.

Now, go sit back down in your wittle corner.

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

D'oh!

You post some useless graph with no explanation of your own, or any explanation from any economic source; only, "D'oh!"

Yep; you are really that stupid. Congrats.

It's the Fed Funds rate you fucking economic illiterate

 

[georgephillip]

Market Watch is reporting a $75 BILLION repurchase for one calendar (over night) day.

Fed carries out repo operation for second straight day

What does this tell US?

It tells US that in a nation that completely fails to question its' clueless leadership at the highest level, when we do finally fall flat on our collective financial ass, we will get what we voted for & what we deserve.

Enjoy the ride because it's gonna be a bitch; you won't even have to pay to get on a roller coaster.

It's fucking Federal Reserve fault, not POTUS. All the more reason to abolish the fed

It's fucking Federal Reserve fault, not POTUS. All the more reason to abolish the fed

Which institution would take over lender-of-last-resort responsibilities?

IMF: US Trade Wars Are Risk to America's Economy

 

[caddo kid]

FYI little boi; Trump has been utilizing his overbearing influence upon the FED to reduce rates, in case you haven't noticed.

Now, go sit back down in your wittle corner.

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

D'oh!

You post some useless graph with no explanation of your own, or any explanation from any economic source; only, "D'oh!"

Yep; you are really that stupid. Congrats.

It's the Fed Funds rate you fucking economic illiterate

Yes; I understand it represents the FED rate over recent years; that is obvious.

You offer no explanation of your own, or any explanation from any economic source; only, "D'oh!" for your claims.

You really are stupid.

 

[Indeependent]

This isn't good.

Too many economic indicators are showing signs of trouble.

A crack just emerged in the financial markets: The New York Fed spends $53 billion to rescue the overnight lending market

For those who prefer Fox News:

NY Fed spends $53 billion to rescue the overnight lending market

And no one knows why it happened...

 

[CrusaderFrank]

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

D'oh!

You post some useless graph with no explanation of your own, or any explanation from any economic source; only, "D'oh!"

Yep; you are really that stupid. Congrats.

It's the Fed Funds rate you fucking economic illiterate

Yes; I understand it represents the FED rate over recent years; that is obvious.

You offer no explanation of your own, or any explanation from any economic source; only, "D'oh!" for your claims.

You really are stupid.

It's clear you're bluffing and are in way over your head. Just drop it

 

[CrusaderFrank]

The thing is that this Overnight rate is supposed to take the place of LIBOR.

Great news right?

 

[caddo kid]

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

D'oh!

You post some useless graph with no explanation of your own, or any explanation from any economic source; only, "D'oh!"

Yep; you are really that stupid. Congrats.

It's the Fed Funds rate you fucking economic illiterate

Yes; I understand it represents the FED rate over recent years; that is obvious.

You offer no explanation of your own, or any explanation from any economic source; only, "D'oh!" for your claims.

You really are stupid.

It's clear you're bluffing and are in way over your head. Just drop it

I'm not bluffing at all, especially when it comes to your lack of using your own explanation(s) & your obvious stupidity.

 

[georgephillip]

The Fed Intervened in Overnight Lending for First Time Since the Crash. Why It Matters to You.

"Here’s what should concern every engaged American: As of June 30 of this year, the four largest banks on Wall Street (which are allowed to own Federally insured commercial banks as well as stock, bond and derivative gambling casinos known as investment banks) held more than $5.45 trillion in deposits.

"The breakdown is as follows: JPMorgan Chase holds $1.6 trillion; Bank of America has $1.44 trillion; Wells Fargo has $1.35 trillion; and Citibank is home to just over $1 trillion.

"A number of excuses have been offered by the business press to explain why the New York Fed had to ride to the rescue yesterday but the very simple question is this: how can four banks with $5.45 trillion in deposits not be able to cough up $53 billion in overnight loans."

How can four banks with $5.45 trillion in deposits find themselves unable to cover $53 billion in repos?

 

[Toddsterpatriot]

Market Watch is reporting a $75 BILLION repurchase for one calendar (over night) day.

Fed carries out repo operation for second straight day

What does this tell US?

It tells US that in a nation that completely fails to question its' clueless leadership at the highest level, when we do finally fall flat on our collective financial ass, we will get what we voted for & what we deserve.

Enjoy the ride because it's gonna be a bitch; you won't even have to pay to get on a roller coaster.

It's fucking Federal Reserve fault, not POTUS. All the more reason to abolish the fed

FYI little boi; Trump has been utilizing his overbearing influence upon the FED to reduce rates, in case you haven't noticed.

Now, go sit back down in your wittle corner.

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

and there is a reason why the rates were lower then, and why the rates are higher now.

Obama's economy was really, really weak. And he was incredibly clueless.

 

[caddo kid]

Market Watch is reporting a $75 BILLION repurchase for one calendar (over night) day.

Fed carries out repo operation for second straight day

What does this tell US?

It tells US that in a nation that completely fails to question its' clueless leadership at the highest level, when we do finally fall flat on our collective financial ass, we will get what we voted for & what we deserve.

Enjoy the ride because it's gonna be a bitch; you won't even have to pay to get on a roller coaster.

It's fucking Federal Reserve fault, not POTUS. All the more reason to abolish the fed

FYI little boi; Trump has been utilizing his overbearing influence upon the FED to reduce rates, in case you haven't noticed.

Now, go sit back down in your wittle corner.

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

and there is a reason why the rates were lower then, and why the rates are higher now.

Obama's economy was really, really weak. And he was incredibly clueless.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

Also, the DJIA experienced a 148% increase during Obama's tenure; a yearly average increase of 18.5%.

The DJIA has not performed anywhere close to that level since Trump took office.

Nice try idiot but no cigar for U.

 

[iamwhatiseem]

Sounds like the OP has problems that investment banks aren't able to get quick leverage loans to keep feeding the $billionaires.

 

[Toddsterpatriot]

The Fed Intervened in Overnight Lending for First Time Since the Crash. Why It Matters to You.

"Here’s what should concern every engaged American: As of June 30 of this year, the four largest banks on Wall Street (which are allowed to own Federally insured commercial banks as well as stock, bond and derivative gambling casinos known as investment banks) held more than $5.45 trillion in deposits.

"The breakdown is as follows: JPMorgan Chase holds $1.6 trillion; Bank of America has $1.44 trillion; Wells Fargo has $1.35 trillion; and Citibank is home to just over $1 trillion.

"A number of excuses have been offered by the business press to explain why the New York Fed had to ride to the rescue yesterday but the very simple question is this: how can four banks with $5.45 trillion in deposits not be able to cough up $53 billion in overnight loans."

How can four banks with $5.45 trillion in deposits find themselves unable to cover $53 billion in repos?

how can four banks with $5.45 trillion in deposits not be able to cough up $53 billion in overnight loans."

Maybe they are part of the need side?

 

[Toddsterpatriot]

It's fucking Federal Reserve fault, not POTUS. All the more reason to abolish the fed

FYI little boi; Trump has been utilizing his overbearing influence upon the FED to reduce rates, in case you haven't noticed.

Now, go sit back down in your wittle corner.

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

and there is a reason why the rates were lower then, and why the rates are higher now.

Obama's economy was really, really weak. And he was incredibly clueless.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

Also, the DJIA experienced a 148% increase during Obama's tenure; a yearly average increase of 18.5%.

The DJIA has not performed anywhere close to that level since Trump took office.

Nice try idiot but no cigar for U.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

And yet, so weak that the Fed kept overnight rates at 0-0.25% for his first 7 years.

 

[caddo kid]

FYI little boi; Trump has been utilizing his overbearing influence upon the FED to reduce rates, in case you haven't noticed.

Now, go sit back down in your wittle corner.

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

and there is a reason why the rates were lower then, and why the rates are higher now.

Obama's economy was really, really weak. And he was incredibly clueless.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

Also, the DJIA experienced a 148% increase during Obama's tenure; a yearly average increase of 18.5%.

The DJIA has not performed anywhere close to that level since Trump took office.

Nice try idiot but no cigar for U.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

And yet, so weak that the Fed kept overnight rates at 0-0.25% for his first 7 years.

And?

Oh yeah; Obama wasn't hounding the FED to do this.

 

[Natural Citizen]

Where did the NY Fed get its 53 billion Federal Reserve Notes?

 

[Toddsterpatriot]

Odd that Fed rates are HIGHER now then when BoiKing Obama was POTUS

Are you sure you want to continue?

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

and there is a reason why the rates were lower then, and why the rates are higher now.

Obama's economy was really, really weak. And he was incredibly clueless.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

Also, the DJIA experienced a 148% increase during Obama's tenure; a yearly average increase of 18.5%.

The DJIA has not performed anywhere close to that level since Trump took office.

Nice try idiot but no cigar for U.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

And yet, so weak that the Fed kept overnight rates at 0-0.25% for his first 7 years.

And?

Oh yeah; Obama wasn't hounding the FED to do this.

And?

The Fed doesn't leave the overnight rate at 0-0.25% if your economy is awesome.

Oh yeah; Obama wasn't hounding the FED to do this.

The rate was as low as it could go, why would Obama hound the Fed to lower it?

 

[Toddsterpatriot]

Where did the NY Fed get its 53 billion Federal Reserve Notes?

They don't lend out FRNs for overnight repos. DURR!

 

[Natural Citizen]

Where did the NY Fed get its 53 billion Federal Reserve Notes?

They don't lend out FRNs for overnight repos. DURR!

So, you're telling us 53 billion Federal Reserve Notes didn't just spring into existence, Toddster? There's something awfully scwewy about that.

 

[caddo kid]

and there is a reason why the rates were lower then, and why the rates are higher now.

Are you really that stupid?

You (also) really wanna make this an Obama thread, when Obama hasn't been POTUS for 32 months?

OK; I guess you are really that stupid.

and there is a reason why the rates were lower then, and why the rates are higher now.

Obama's economy was really, really weak. And he was incredibly clueless.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

Also, the DJIA experienced a 148% increase during Obama's tenure; a yearly average increase of 18.5%.

The DJIA has not performed anywhere close to that level since Trump took office.

Nice try idiot but no cigar for U.

The economy during Obama's tenure created an average 10K more jobs per month than since Trump has been in office.

And yet, so weak that the Fed kept overnight rates at 0-0.25% for his first 7 years.

And?

Oh yeah; Obama wasn't hounding the FED to do this.

And?

The Fed doesn't leave the overnight rate at 0-0.25% if your economy is awesome.

Oh yeah; Obama wasn't hounding the FED to do this.

The rate was as low as it could go, why would Obama hound the Fed to lower it?

Maybe Trump could learn something from this but he is too stupid to do that. His bad.