FED pumps 70 BILLION into financial markets

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DallasDimeBags
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FED pumps 70 BILLION into financial markets

Post by DallasDimeBags » Wed Dec 04, 2019 3:37 pm

Good lord that's a lot of money.

"The Federal Reserve Bank of New York added $70.1 billion in temporary liquidity to financial markets on Wednesday.

The intervention via overnight repurchase agreements, or repos. Eligible banks offered the Fed $54.9 billion in Treasurys and $15.2 billion in mortgage securities, and the Fed accepted all of it."

Full article at:


https://www.wsj.com/articles/fed-pumps- ... 1575474993
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psk836
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Re: FED pumps 70 BILLION into financial markets

Post by psk836 » Wed Dec 04, 2019 3:40 pm

Like putting a nickel in a parking meter.

$70 billion doesn't buy you much time.
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nolaxride
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Re: FED pumps 70 BILLION into financial markets

Post by nolaxride » Wed Dec 04, 2019 4:22 pm

That's after $75 billion in September...

And even though hiring increased, it was only 67k new jobs, not the 150k predicted.

And then there's David Stockman, the father of Reaganomics.

https://pro.charlesstreetresearch.com/p ... 17/?h=true
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psk836
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Re: FED pumps 70 BILLION into financial markets

Post by psk836 » Wed Dec 04, 2019 4:26 pm

nolaxride wrote:
Wed Dec 04, 2019 4:22 pm
That's after $75 billion in September...

And even though hiring increased, it was only 67k new jobs, not the 150k predicted.

And then there's David Stockman, the father of Reaganomics.

https://pro.charlesstreetresearch.com/p ... 17/?h=true
Every silver lining has a cloud.
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nolaxride
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Re: FED pumps 70 BILLION into financial markets

Post by nolaxride » Wed Dec 04, 2019 7:27 pm

psk836 wrote:
Wed Dec 04, 2019 4:26 pm
nolaxride wrote:
Wed Dec 04, 2019 4:22 pm
That's after $75 billion in September...

And even though hiring increased, it was only 67k new jobs, not the 150k predicted.

And then there's David Stockman, the father of Reaganomics.

https://pro.charlesstreetresearch.com/p ... 17/?h=true
Every silver lining has a cloud.
You're not seeing warning signs?
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-- Ignotum per inotius

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