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To: Cats Pajamas; ransomnote; Steven W.; greeneyes; TEXOKIE; txhurl; saywhatagain; Swordmaker; ptsal; ..

from https://twitter.com/CIA/status/1176134789356806144

645 posted on 09/23/2019 9:22:24 AM PDT by generally ( Don't be stupid. We have politicians for that.)
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To: generally

Russian watch, time is 8:46:00.


646 posted on 09/23/2019 9:24:16 AM PDT by WildHighlander57 ((WildHighlander57 returning after lurking since 2000)
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To: generally

?? Help. Not getting the watch reference.


647 posted on 09/23/2019 9:27:27 AM PDT by Cats Pajamas (Freedom or Liberty? Which would you choose?)
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To: generally; ransomnote; bitt; TEXOKIE; bagster; defconw; All
Financial problems in the Repo-Market. Fed has had to pump billions into the financial system to stabilize it-ie. the credit markets are showing signs of seizing up again.

Fed Funds overnight in the repo market actually went up to 10%. This greatly exceeds the Fed Funds target rate. It also means the yield curve is still inverted-ie. Short term rates are more than long term.

Very similar to the signs in 2007 that led to the 2008 liquidity crisis.

Here's an article which explains with additional detail. Prepare for another meltdown-hope for the best, but prepare for the worst. JMHO

https://www.msn.com/en-us/money/markets/why-the-repo-market-is-such-a-big-deal-—-and-why-its-dollar400-billion-bailout-is-so-unnerving/ar-AAHJdnz?ocid=spartandhp

751 posted on 09/23/2019 7:54:50 PM PDT by greeneyes
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