| Users Online Now: 1,894 (Who's On?) | Visitors Today: 708,178 | |
| Pageviews Today: 1,136,978 | Threads Today: 453 | Posts Today: 6,709 |
| 12:12 PM | ||
| Users Online Now: 1,894 (Who's On?) | Visitors Today: 708,178 | |
| Pageviews Today: 1,136,978 | Threads Today: 453 | Posts Today: 6,709 |
| 12:12 PM | ||
possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market | |
| Digital mix guy
Offer Upgrade  User ID: 76961927  United States09/18/2019 12:16 AM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77754923 United States09/18/2019 12:21 AM Report Abusive Post Report Copyright Violation | |
| Mental Case
User ID: 77794565 United States09/18/2019 12:27 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market This only happens when banks stop lending to each other. Banks only stop lending to each other when they need to hang on to cash or they fear the borrower will default. This is big...and not in a good way! If I am going to be damned...I am going to be damned for who I really am! |
| Mental Case
User ID: 77794565 United States09/18/2019 12:37 AM Report Abusive Post Report Copyright Violation | |
| Wolf 1776
User ID: 77660098 United States09/18/2019 12:39 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 25026387 United States09/18/2019 12:39 AM Report Abusive Post Report Copyright Violation | |
| Penny Peppers
User ID: 45904129 United States09/18/2019 12:47 AM Report Abusive Post Report Copyright Violation | |
| Penny Peppers
User ID: 45904129 United States09/18/2019 12:49 AM Report Abusive Post Report Copyright Violation | |
| Q33
User ID: 78001158  Canada09/18/2019 12:49 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system. Quoting: Digital mix guy The spike in overnight borrowing rates forced the New York Federal Reserve to come to the rescue with a special operation aimed at easing stress in financial markets. It was the NY Fed's first such rescue operation in a decade, the last occurring in late 2008. "It's unprecedented, at least in the post-crisis era," said Mark Cabana, rates strategist at Bank of America Merrill Lynch. [link to www.msn.com (secure)] They will do anything to fuck with Trump! |
| bigD111
User ID: 65945302 United States09/18/2019 12:52 AM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 25026387 United States09/18/2019 12:54 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market has its own rules in its own world. Contracts are predetermined so the game is fixed. However, if banks are nervous about their own obligations or competitive banks obligations, and trading stops, the ripple effects are like someone at a party yelling out "the cops are here", causing everybody to scramble, go home and lock the doors. Banking commerce to a hault as inventory is taken and confidence returns slowly. Enter the FED to play doctor. |
| Penny Peppers
User ID: 45904129 United States09/18/2019 12:58 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market Bank to bank trading is a huge market unto itself that Quoting: Anonymous Coward 25026387 has its own rules in its own world. Contracts are predetermined so the game is fixed. However, if banks are nervous about their own obligations or competitive banks obligations, and trading stops, the ripple effects are like someone at a party yelling out "the cops are here", causing everybody to scramble, go home and lock the doors. Banking commerce to a hault as inventory is taken and confidence returns slowly. Enter the FED to play doctor.  I don’t pretend to understand all this crap , but my spidey senses are tingling Last Edited by President Penny Peppers on 09/18/2019 12:59 AM There's never a dull moment here on planet earth, unless GLP ceased to exist... Oh, and Biden can't dress himself.... |
| Anonymous Coward User ID: 25026387 United States09/18/2019 01:06 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system. Quoting: Digital mix guy The spike in overnight borrowing rates forced the New York Federal Reserve to come to the rescue with a special operation aimed at easing stress in financial markets. It was the NY Fed's first such rescue operation in a decade, the last occurring in late 2008. "It's unprecedented, at least in the post-crisis era," said Mark Cabana, rates strategist at Bank of America Merrill Lynch. [link to www.msn.com (secure)] They will do anything to fuck with Trump! Noting to do with Trump. Its their own books. |
| Anonymous Coward User ID: 25026387 United States09/18/2019 01:24 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market "The catalyst for the stress, according to Cabana, was the fact that US companies withdrew vast sums of money from banks to make quarterly tax payments to the US Treasury Department. That forced banks to draw down their reserves at the Fed." I'm gonna call BS on this excuse. How about people are behind on payments or pulling money out to live causing reserves to go low. Its the economy stupid... not corporate tax payments. Jeeeeeeeeze! |
| Anonymous Coward User ID: 77716987 United States09/18/2019 01:26 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77918985  Germany09/18/2019 02:36 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78013121  Greece09/18/2019 02:56 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market "The catalyst for the stress, according to Cabana, was the fact that US companies withdrew vast sums of money from banks to make quarterly tax payments to the US Treasury Department. That forced banks to draw down their reserves at the Fed." Quoting: Anonymous Coward 25026387 I'm gonna call BS on this excuse. How about people are behind on payments or pulling money out to live causing reserves to go low. Its the economy stupid... not corporate tax payments. Jeeeeeeeeze! Thats why QE should never be allowed 1. No one bails out a failed business, 100% the bank will not loan money to failed business but expect the tax payer to bail them out. 2. They resell debt and make more money This is all a fuckery to rob people from money and show higher profits. LET THEM SINK. Thats what the rest of us do, SINK or SWIM if you cant STAY OUT OF THE WATER. Golden rules. Applies to them to. so if they QE, be pissed off |
| Anonymous Coward User ID: 77754923 United States09/18/2019 03:05 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market "The catalyst for the stress, according to Cabana, was the fact that US companies withdrew vast sums of money from banks to make quarterly tax payments to the US Treasury Department. That forced banks to draw down their reserves at the Fed." Quoting: Anonymous Coward 25026387 I'm gonna call BS on this excuse. How about people are behind on payments or pulling money out to live causing reserves to go low. Its the economy stupid... not corporate tax payments. Jeeeeeeeeze! Thats why QE should never be allowed 1. No one bails out a failed business, 100% the bank will not loan money to failed business but expect the tax payer to bail them out. 2. They resell debt and make more money This is all a fuckery to rob people from money and show higher profits. LET THEM SINK. Thats what the rest of us do, SINK or SWIM if you cant STAY OUT OF THE WATER. Golden rules. Applies to them to. so if they QE, be pissed off How? Go off grid? |
| Anonymous Coward User ID: 76809044 United States09/18/2019 03:09 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 77930780 United States09/18/2019 03:10 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market "The catalyst for the stress, according to Cabana, was the fact that US companies withdrew vast sums of money from banks to make quarterly tax payments to the US Treasury Department. That forced banks to draw down their reserves at the Fed." Quoting: Anonymous Coward 25026387 I'm gonna call BS on this excuse. How about people are behind on payments or pulling money out to live causing reserves to go low. Its the economy stupid... not corporate tax payments. Jeeeeeeeeze! If Corporations filed an extension, that was due this week I believe? If that were the case, unless tax laws changed drastically, we would see this as a pattern this time of year? |
| Anonymous Coward User ID: 69288802 United States09/18/2019 08:15 AM Report Abusive Post Report Copyright Violation | |
| Possum777
User ID: 77998305 United States09/18/2019 08:24 AM Report Abusive Post Report Copyright Violation | |
| CSnow
User ID: 74827762 United States09/18/2019 08:40 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 76809044 United States09/18/2019 08:40 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 42079668 United States09/18/2019 08:41 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market Bank to bank trading is a huge market unto itself that Quoting: Anonymous Coward 25026387 has its own rules in its own world. Contracts are predetermined so the game is fixed. However, if banks are nervous about their own obligations or competitive banks obligations, and trading stops, the ripple effects are like someone at a party yelling out "the cops are here", causing everybody to scramble, go home and lock the doors. Banking commerce to a hault as inventory is taken and confidence returns slowly. Enter the FED to play doctor. I don’t pretend to understand all this crap , but my spidey senses are tingling All it is more fake money propping up a fake economy so we can continue about our slave lives. |
| Anonymous Coward User ID: 42079668 United States09/18/2019 08:42 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market "The catalyst for the stress, according to Cabana, was the fact that US companies withdrew vast sums of money from banks to make quarterly tax payments to the US Treasury Department. That forced banks to draw down their reserves at the Fed." Quoting: Anonymous Coward 25026387 I'm gonna call BS on this excuse. How about people are behind on payments or pulling money out to live causing reserves to go low. Its the economy stupid... not corporate tax payments. Jeeeeeeeeze! Thats why QE should never be allowed 1. No one bails out a failed business, 100% the bank will not loan money to failed business but expect the tax payer to bail them out. 2. They resell debt and make more money This is all a fuckery to rob people from money and show higher profits. LET THEM SINK. Thats what the rest of us do, SINK or SWIM if you cant STAY OUT OF THE WATER. Golden rules. Applies to them to. so if they QE, be pissed off Do you not realize yet how fake the economy is? |
| Anonymous Coward User ID: 77928748 United States09/18/2019 08:43 AM Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market "The catalyst for the stress, according to Cabana, was the fact that US companies withdrew vast sums of money from banks to make quarterly tax payments to the US Treasury Department. That forced banks to draw down their reserves at the Fed." Quoting: Anonymous Coward 25026387 I'm gonna call BS on this excuse. How about people are behind on payments or pulling money out to live causing reserves to go low. Its the economy stupid... not corporate tax payments. Jeeeeeeeeze! If Corporations filed an extension, that was due this week I believe? If that were the case, unless tax laws changed drastically, we would see this as a pattern this time of year? Yes corporate deadline for 2018 tax return was Monday the 16th but that was also the day to pay in the 3rd quarterly estimated tax payment toward 2019. Still not sure this would cause a 53 billion dollar shortage of money. And to to the guy who said "let them fail" keep in mind if the bank that has your money fails, then you won't have access to it. |
Phennommennonn
Forum Administrator 09/18/2019 08:43 AM  Report Abusive Post Report Copyright Violation | Re: possible financial market alert: New York Fed spends $53 billion to rescue the overnight lending market This only happens when banks stop lending to each other. Quoting: Mental Case Banks only stop lending to each other when they need to hang on to cash or they fear the borrower will default. This is big...and not in a good way! Theyre gonna crash the mkt n blame trump. Declass is coming. political correctness is a doctrine.... fostered by a delusional, illogical minority...... and rabidly promoted by an unscrupulous mainstream media; which holds forth the proposition that it is entirely possible to pick up a turd by the clean end. |
| Anonymous Coward User ID: 77972856 United States09/18/2019 08:49 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 78013217 Germany09/18/2019 08:49 AM Report Abusive Post Report Copyright Violation | |
| DuckNCover
User ID: 77927596 United States09/18/2019 08:51 AM  Report Abusive Post Report Copyright Violation | |
