GOLD/CHINA - Future SHITSHOW coming...TBD

11 Kas 2019

BLUF:
*Feds Repo Purchase Plan: 14NOV...EOY Liquidity SHITSHOW???
*TradeWarPhase1 Euphoric...Fade UP/DN...Just Don't Bet the Fookin Farm!!!
*HopeTimism Meter is PEGGED...Meaning BULLSHIT meter is PEGGED.
Fookin Gangsta's and Incompetents...What a Shitshow...Who Fookin Knows!!! What could go Wrong...


HEAD SHOTs ONLY!!!

11 Kas 2019

Not

The problem with proposals to increase the size of the balance sheet is that there is no guarantee that an increased amount of bank reserves would find their way into the various segments of the repo market where needed. Just increasing bank reserves does not guarantee that lending will take place. Moreover, there is little to guide the Fed on how much of an expansion of its balance sheet would be needed to ensure that the problem would not arise again.

theinstitutionalriskanalyst.com/single-post/2019/09/28/Eisenbeis-Repos-And-Reverse-Repos

Get ready for another liquidity crunch EOY...Pozsar is correct...TBD! Place your Bets!!!

11 Kas 2019

Not

yardeni.com/pub/peacockfedecbassets.pdf

Take a look....good info