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Eric
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Since a mid-September flare-up in the repo market, where banks go for overnight financing, the Fed has been injecting billions into the markets, buying up mostly short-term Treasury bills in an effort, ostensibly, to keep its benchmark funds interest rate within its targeted range, currently at 1.5% to 1.75%.

The results: a $175 billion expansion of the Fed’s balance sheet to $4.07 trillion, representing growth of 4.5% since the operations began. During that time, the S&P 500 has risen just shy of 4%.

 

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Edited by Dric902
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This was Sept


One of the most important sources of financial market lubrication came under severe strain this week, raising concerns that the Federal Reserve’s attempt to unwind post-financial crisis intervention may have gone too far. Repurchase agreements are the grease that keeps the financial system’s wheels spinning, allowing different market participants to borrow and lend to each other to cover short-term cash needs. On Tuesday, the wheels stopped turning. The so-called repo rate soared to a high of 10 per cent, when it typically trades in line with the Federal Reserve’s target interest rate of between 2 per cent and 2.25 per cent. The New York branch of the Fed had to step in and inject tens of billions of cash into the system in an attempt to restore order, doubling down on Wednesday with a second short-term injection.
278 billion in Sept

billions monthly 

99 billion in Dec, highest since Sept

election year is going to cost us

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7 hours ago, pipedreams said:

image.png.f63de13cfa5a961dfb08f287995bb542.png

She really hung her ass on a stinking turd this time.  She got over eager and over excited, and fell into the outhouse in her joy to try for revenge for Hillary. 

She has ensured the loss of this election because of her stupidity.  She has always claimed the right to rule, now she has to take the blame.  

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2 hours ago, janice6 said:

She really hung her ass on a stinking turd this time.  She got over eager and over excited, and fell into the outhouse in her joy to try for revenge for Hillary. 

She has ensured the loss of this election because of her stupidity.  She has always claimed the right to rule, now she has to take the blame.  

Pelosi didn’t want the impeachment at first. She is a ......but she ain’t dumb. The base and the caucus pushed way more than she could prevent, so she took charge of it and tried to slow it down without actually having hearings....same result.

she is trying to keep from hitting that ladt wall and losing control of the outcome. 
 

I don’t think she can do it much longer.

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The enemy of my enemy is actually the best friends of my enemy & we call them Democrats. Been that way since New York Congressman Samuel Dickstein (D) went to work in 1924 for Stalin for $1,200 a month.
They still look like weasels the only thing that's changed is the pay scale went up..

image.png.abbb129e1637a549e5ad4359126f75a0.png

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