Jump to content
Sign in to follow this  
MisFit Kid

Garbage Time - Friday

Rate this topic

Recommended Posts

THE BIG HEDGE FUND SQEEZE OUT

Now that the Fed has gauranteed profits to the Wall Street banks.

They are starting to report blow out quarters.

JPM, Morgan Stanley.

All blindingly inevitable.

While QE crushes net interest margins and profits from the "investment" side of banks. 

At the same time it is boosting trading profits from the "speculation" side of banks.

Thats what QE does, it punishes investment and rewards speculation.

So front running the Fed becomes the only game in town.

(instead of picking up dimes in front of the defecit steamroller they are now picking up silver dollars).

But the banks will want to keep all the cheap Repo money for their own speculations.

And squeeze out the hedge funds.

Que complaints from the hedge funds to the Fed.

Que Fed raising trial balloon in financial press to fund hedge funds directly.

Share this post


Link to post
Share on other sites

As bullish as I've been, I guess maybe not bullish enough.  🤮🤮

Share this post


Link to post
Share on other sites

I repost permabear stuff, and I follow it in my Twitter feed, and honestly, I just don't understand why they refuse to get it. Some guys fighting the trend since 2009.  Hopefully, they'll be right soon. 

Share this post


Link to post
Share on other sites

But in the meantime, the only way to make money is to follow the Fed and not make value judgments about what it is doing. 

Share this post


Link to post
Share on other sites

3325 was upper bound of latest uptrend channel on the hourly. 

Share this post


Link to post
Share on other sites

It's a Scam week and crooks are after your money. Next week we will see real action. 

Gold.......

Untitled.png

Share this post


Link to post
Share on other sites

Doc, others - comments?

from Twitter 

QE conspiracists can say this is all about balance sheet growth. Someone explain how swapping one short term risk free instrument (reserves) for another short term risk free instrument (t-bills) leads to equity repricing. I don’t see it. /end
9:03 AM · Jan 17, 2020·Twitter for iPhone

Share this post


Link to post
Share on other sites
2 hours ago, itiswhatitis said:

Doc, others - comments?

from Twitter 

QE conspiracists can say this is all about balance sheet growth. Someone explain how swapping one short term risk free instrument (reserves) for another short term risk free instrument (t-bills) leads to equity repricing. I don’t see it. /end
9:03 AM · Jan 17, 2020·Twitter for iPhone

It's pretty cute of the Fed to throw around the word reserves. A brilliant bit of propaganda instituted by Powell to start. It may fool most people but Kashnkari knows that reserves are cash. Money.  Everyone on a basic level knows the difference between a financial piece of paper, figuratively, and money. 

Kashnkari, or someone like him is going to be the next chairman, even if a Democrat appoints him. There is zero political opposition to stupendous monetary expansion. None, Not anywhere in the world

Share this post


Link to post
Share on other sites
20 hours ago, itiswhatitis said:

Doc, others - comments?

from Twitter 

QE conspiracists can say this is all about balance sheet growth. Someone explain how swapping one short term risk free instrument (reserves) for another short term risk free instrument (t-bills) leads to equity repricing. I don’t see it. /end
9:03 AM · Jan 17, 2020·Twitter for iPhone

He's a Fedhead. What else would we expect other than to spout the company line. 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!

    Support your local Stool Board.

×
×
  • Create New...