Anonymous ID: 39b664 Nov. 16, 2023, 4:06 p.m. No.19928289   🗄️.is đź”—kun   >>8335 >>8341 >>8392 >>8535 >>8723 >>8798

Money Market Fund Inflows Continue As Fed's Bank Bailout Fund Hits Another New High

 

(This is because of the decrease usage of the NY FEDS Reverse Repo Facility-you saw it exit money markets and parked there since 2021 and then it reversed-what do you think us being used to buy the US Treasury’s record debt issues-see below red)

 

Money-market funds saw inflows for the 4th straight week (since the biggest outflow since Lehman), adding $21.9BN to reach a new record high of $5.73TN… In a breakdown for the week to Nov. 15, government funds -which invest primarily in securities like Treasury bills, repurchase agreements and agency debt - saw assets rise to $4.68 trillion, an $18.9 billion increase.

Prime funds, which tend to invest in higher-risk assets such as commercial paper, meanwhile, saw assets climb to $932 billion, a $5.6 billion increase.

Flows into Retail funds continued their seven month streak and institutional funds saw inflows also. The resurgence in money-market fund inflows is diverging from bank deposits (which are gently rising on a seasonally-adjusted basis) Meanwhile, as we detailed earlier, the amount of money that investors are parking at The Fed's reverse repo facility has accelerated below $1 trillion to its lowest since July 2021(showed the NY FED actual chart last week but here it is again in cap 3)

https://www.newyorkfed.org/markets/desk-operations/reverse-repo

 

Demand for the facility, however, has been fading this year as the Treasury ramped up fresh bill issuance, offering an alternative for short-term investors.

It marks a steep decline from a record $2.554 trillion stashed on Dec. 30, and some are starting to worry about the consequences.(yeah like when it drops below an amount that won’t make a dent in the US DEBT auctions which means the primary dealers have to buy it but muh guess is the FOMC will be well on its way to delivering its massive QE program-sometime just before or around the rate cutting cycle they keep denying is coming)

 

Most notably, usage of The Fed's emergency funding facility for the banks increased to a new record high again, up $7BN to $113BN Equity market cap continued to soar, having re-coupled with its years-long relationship with bank reserves at The Fed… Regional banks are shrugging off the fact that are forced to borrow $113BN from The Fed at expensive costs..(and this money has to start reversing back to the FEDS bailout facility on March 11th so this is a YUGE hole that they won’t be able to meet much less fill-but former “pimp”co head Bill Gross wants (you) to buy regional bank stocks cuz it’s all over…..until that money comes due that is and he damn well knows this is coming in early March so the only reason we have a regional system still is cap 5…btw look up his divorce…pretty nasty)

https://www.zerohedge.com/markets/money-market-fund-inflows-continue-feds-bank-bailout-fund-hits-another-new-high

Anonymous ID: 39b664 Nov. 16, 2023, 4:31 p.m. No.19928441   🗄️.is đź”—kun

>>19928335

You believe too much of what they say

That’s your problem

Capital markets dint work as you think they do

I’ve been correct 95% of time when and what they have been doing and will do

But you go ahead and keep fellating yerself with what you think you know

Where were you when it was ramping towards $1t a day in 2021

Completely silent

There are trillions moar notes and bills in existence just like equity

GFY

Anonymous ID: 39b664 Nov. 16, 2023, 5:34 p.m. No.19928793   🗄️.is đź”—kun

>>19928737

The new ones are shit but 2nd gen 4Runner can go forever if you do basic maintenance

Best SUV (for price point at time) ever made

One down street haz over 500k on it and still OG trans and engine.

They have oil leakage issues and it’s a 6h job to replace gasket but takes less than 5m to put the half qt it loses over about 5k miles

That why you still see tons on them

Reliable AF if you take care of them