tyb
morning
wut up dawg?
long time
hope all is well
kek
not quite muh nizza-cold in the mornings (for here) low 30s but much higher laters
supposed to bein low 80s on 1225-feelz for the rest for sure but enjoy what it gonna be (and already is) windoze open later
OTD: 109 years ago the Federal Reserve Act was created and forced onto the American People (was announced on December 24th) plus NYFRB-US$/ECB-EURO swap totals for 2022
See below plus some European Central Bank bailouts-2022 totals
New York Federal Reserve US $ Swap Ops with European Central Bank-highest weekly amount this year @ $412.2m-about $11B for 2022 in $/Euro swaps
Nothing for the Swiss National Bank yet but I do expect one before the end of Q4-probably next week on 1229 while no one is "looking".
The term is for 14 days so they are just doubling up a weekly one but also could another one next week even this one is good until January 5th….Rate is again at 4.59%-same as 1215 but the start of the year it was 0.33% so my how things have changed…kek
The European Central Bank got it's usual, and weekly at this point but double it's normal weekly avg for the year. $200m is avg for it's shitpile of derivatives mess per week-see cap #2-3 and covers from January until today 122222. It is done every week for entire year-you can enter in the dates January 1st 2022 to today Dec 22 to see that the NYFRB has done this every week with the aforementioned $200m avg-the largest amounts (outside of today's $412.2m) being the day before Q1,2 and 3 end $365m on March 30th of Q1-day before last day of it, $346m on June 29-day before end of Q2, $274m on Sept 28th-2 days before the end of Q3. All over the $200m avg on those days. For Calender year 2022 that works out to $10,400,000,000 on avg using $200m a week with the exceptions being the 3 Qrtly ends of larger amounts as mentioned-so it is larger…but what is a few hundred million amongst thieves right?
https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations
>>>/qrb/140771, >>>/qrb/140772, >>>/qrb/140774 Mkt Fag, Godzilla and Mecha-Godzilla present: The Gold Act of 1900 and the Market Crash of 1907-setting the stage for the creation of the Federal Reserve
>>>/qrb/143491, >>>/qrb/143492, >>>/qrb/143494, >>>/qrb/143497 MktFag and Godzilla/MechaGodzilla present "The Creation of the Federal Reserve system in 1913"
>>>/qrb/144969, >>>/qrb/144970, >>>/qrb/144971, >>>/qrb/144972 Mkt Fag, Godzilla and Mecha-Godzilla present: After the creation of the Federal Reserve system: WW1 began-a little history lesson
Global equity funds see biggest weekly outflows since March 2020-Lipper
Global equity funds have recorded their biggest weekly outflows since March 2020, hit by recession fears as central banks vow to keep interest rates higher to tame inflation. Data from Refinitiv Lipper showed a net withdrawal of $33.6 billion in the week to Dec. 21. The U.S. Federal Reserve and the European Central Bank raised interest rates in their final policy decisions of the year last week, with the Fed Chair saying the central bank would deliver more hikes in 2023 to combat inflationary pressures.
The U.S. Federal Reserve and the European . The Fed has delivered 400 basis points (bps) of rate hikes this year, and the European Central Bank a record 250 bps Global bond funds also saw a net weekly outflow, of $14.1 billion, the biggest in more than two months. Money market funds recorded net sales of $41 billion. Among commodities, precious metal funds attracted a net $362 million, compared with an outflow of $220 million in the previous week, while investors withdrew a net $523 million from energy funds, the most this year.
https://www.reuters.com/business/finance/global-markets-flows-2022-12-23/
Those precious metals funds 'investors' gonna be really pissed when they find out they own nothing but a promissory note-if you just use them to capture performance and are in and out of them no harm but you own absolutely nothing.'
>sunbox
Nope not yet but building one nao
It only gets morning till about early anoon (location) so not much during later hours of day
moar SE and house shadows after a certain time 'o day-function of time of year too
Not a problem after about April-full for entire day
>lemme know how that works out
will do
SSDD
fe7210 (22)
Horrible as usual
President Volodymyr Zelensky held a meeting with President of Poland Andrzej Duda
The head of the Ukrainian state announced this on Facebook, Ukrinform reports.
"On the way home, I met a friend of Ukraine – President Andrzej Duda of Poland. We reviewed this year, which brought historic challenges due to a full-scale war. We discussed strategic plans for the future, bilateral relations, and interactions at the international level in 2023," Zelensky said. The President thanked his Polish counterpart for his constant and strong support.
https://www.ukrinform.net/rubric-polytics/3639250-after-us-visit-zelensky-meets-with-polands-duda.html
Zelensky coming in >>17992093 pb after Rzsezow depart and caught before he even left (links available in that post from SAM910 arriving at Rzseow to pick him up)
well aware of it-obviously you aren't and never read the additional material
you should read the links below it as it quite clearly tells the entire story
Now FO