Repo Madness Clown Show: NY Fed Announces More Repos Today, Balance Sheet Up $30 Billion in 1 Week!

The US Dollar has finally started to react more to these repo announcements (DOllar Index at 5 month lows) and the Fed’s official balance sheet increasing billion in one week, billion dollars in only 3 weeks and the Fed’s official balance sheet is now up 5.5 billion dollars since the end of August 2019.

Track the Fed’s official balance sheet here: https://fred.stlouisfed.org/series/WALCL

Today, the NY Fed announced even more repo programs: https://www.newyorkfed.org/markets/opolicy/operating_policy_191212

Looks like Jim Bianco was dead on with his prediction about Repo Madness from less than 2 weeks ago.

A few days ago, Jerome Powell gave his last press conference for 2019 and said how the Fed was prepared to backstop repo in unlimited amounts: Fed ‘prepared to adjust’ balance sheet to prevent repo market flare-up https://finance.yahoo.com/news/federal-reserve-hopes-to-steer-clear-of-repo-market-flare-up-121019679.html

Claudio Borio from the Bank of International Settlements (BIS) talks about the repo market and how FX currency swaps (forward dollar swaps) are now larger off balance sheet than the trillion on balance sheet for non-financial institutions outside the US: https://www.bloomberg.com/amp/news/articles/2019-12-08/repo-blowup-was-fueled-by-big-banks-and-hedge-funds-bis-says

“Massive… Huge… Largest Ever”: Fed Will Flood Market With Gargantuan 0 Billion In Liquidity To Avoid Year-End Repo Crisis https://www.zerohedge.com/markets/avoid-repo-crisis-fed-will-flood-market-gargantuan-365-billion-year-end-liquidity

Repocalypse 2.0 On Deck? “Turn” Repo Rates Are Blowing Out https://www.zerohedge.com/markets/repocalypse-20-deck-turn-repo-rates-are-blowing-out

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17 thoughts on “Repo Madness Clown Show: NY Fed Announces More Repos Today, Balance Sheet Up $30 Billion in 1 Week!”

  1. Wow, really dangerous pork from Africa??? I think you are uneducated, brainwashed, and stupid. Not to mention racist, unsubbed and disliked.

  2. Only $264.5 billion to go.
    I'm applying to corps and "institutions" for the Chief Deprecation Officer position.
    You never know.

  3. Trump buys stock options. He then tweets. He then makes millions. The elite are becoming super rich. Oh lower those rates. And print more money. Because they are not rich enough.

  4. yougottabekiddinme

    Trumps is running on the stock market. That is his weakness. He called it a big fat bubble then took ownership of it instead of telling everyone it is a federal reserve bubble. Now, if it drops, he has nothing left. People will vote with their wallets and a market down 20 or 30 percent by election time would mean a loss for Trump. He knows it. China has him over a barrel.

  5. Don't feel bad for contractors they screw people over on a daily basis. Always leaving job's half done and f**** people over with the banks that need the house built within a certain time I have no sympathy for contractors

  6. Stop bashing the Fed…my loan request was approved…remember to ask for more than u need….expecting a 82.5 million dollar transfer soon….only needed a million

  7. Cloom meansGlutin

    Climate-planner Clown Carney "Mark Carney to lead UN effort to get finance industry to deal with risks of climate change"

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