tyb
on it b
take what you need. can go for a bit if u need.
kek..nik'd
formerly AZAZ0909 landing at JBA
#9859
combo bakey
notables, not endorsements.
>>7703939, >>7703942 POTUS dined on ice cream as news of airstrike broke-CNN
>>7703977, >>7704120 pf reports
>>7703991, >>7704181 New York Times op-ed made eerie hypothetical about Soleimani being killed in Baghdad hours before it happened
>>7704018 The Fed Just Monetized $6.4 Billion In Debt Sold Earlier This Week
>>7704042 Lindsey Graham: If Iran retaliates, our response will be greater than the market will bear-saracarter.com
>>7704050 Tom Fitton Twat: "U.S. Senate worked on a FRIDAY!"
>>7704067 Maxine Waters Fell for Call from ‘Greta Thunberg’ Offering a Taped Trump Confession
>>7704088 7 Big Things To Think About Now That We’ve Terminated A Top Iranian General
>>7704186 State Department Terrorist Designations of Asa’ib Ahl al-Haq and its leaders, Qays and Laith al-Khazali
o7
FOMC Minutes Give Timeline Of Fed "Transitioning Away" From Repo Liquidity Bailout
Since statement and press conference on Dec 11th, where Powell reiterated that The Fed would be on hold unless something yuuge "material reassessment in the outlook" happened, gold is the best performing asset-class (outpacing stocks) as the dollar has been the laggard…And while it has been volatile, expectations for Fed actions (implied by the market) in 2020 are now slightly more dovish than before the Fed meeting…once again pricing in at least one rate-cut this year.
Thirteen of 17 officials forecast rates would be unchanged through the 2020 U.S. presidential election year, according to updated economic projections issued at the time, with four penciling in a quarter-point increase.
Of course, the big issue that The Fed was quietly panicking about was the repo crisis, which they have extinguished (for now) thanks to hundreds of billions of dollars puked across the 'turn' to ensure the holes are filled. As we noted previously, the price of year-end stability was $414 billion… $256 billion in repo injections ($211.4 term and $44.3 in overnight) and $157.5 bn in Bill purchases. All of which has lifted stocks globally…And as a reminder, The Fed has begun - for all intent and purpose - monetizing US debt.
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So what exactly are investors looking for in the Minutes that could spook markets? Not much in the traditional sense. “The Fed is trying to keep the market liquid. Their comfort with the repo market is much less clear-cut. It does feel like a work in progress.”
But money-market participants are anxiously awaiting any signals that The Fed might give on its longer-run operational plans (as Fed's Evans hinted earlier today at a standing repo facility - bailout fund - going forward).
“Any views on repo markets outlined in the minutes should probably be adjusted for the year-end results, which on net have likely bolstered the Fed’s confidence that they have regained control of repo markets,” NatWest strategists led by Blake Gwinn say in Friday note
Information on the Fed’s longer-run operational plans or even their “perceived role in stabilizing funding rates or tolerance for volatility,” would be welcomed, they said. NatWest expects the central bank to start pulling back on their direct repo involvement in early 2020, and to start tapering their reserve-adding bill purchases in 2Q
And so the highlights from the Minutes include:
*FED: RATES LIKELY APPROPRIATE FOR A TIME ABSENT MATERIAL CHANGE
*FED: MANY SAW RISKS SOMEWHAT TO DOWNSIDE, SOME RISKS HAD EASED
But…
*FED: EXPECT TO TRANSITION AWAY FROM ACTIVE REPO OPS MID-JAN
That is not what the market was hoping for.
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https://www.zerohedge.com/economics/fomc-minutes
5879bb
ty anon
chek't quads
been reeeeeally quiet from him
>>7704570 Longfin CEO Settles Fraud Action
notable
another settlement. faq me…….
what about all the shares that you pushed out?? No..nothing?
SHART52 training exercise with SHARK(S).
for keks…..