DrStool Posted February 27, 2020 Report Share Posted February 27, 2020 US500 Chart by TradingView Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2020 Author Report Share Posted February 27, 2020 I'm traveling today. Next stop Zagreb, one of my favorite cities! Link to comment Share on other sites More sharing options...
Jorma Posted February 27, 2020 Report Share Posted February 27, 2020 I am embarrassed to have to ask this Lee but are bank reserves liabilities on their balance sheets? Both commercial and central banks. My mind is failing fast I guess. Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2020 Author Report Share Posted February 27, 2020 Yes. Liabilities to the Fed. Assets to the banks. But bank deposits are liabilities of the banks and assets of the account holders Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2020 Author Report Share Posted February 27, 2020 Burn motherfuker burn. Burm that mother down Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2020 Author Report Share Posted February 27, 2020 Gap was really impressive Link to comment Share on other sites More sharing options...
Jorma Posted February 27, 2020 Report Share Posted February 27, 2020 I'd give almost anything to be listening in on Jerry Powell's phone right now. Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2020 Author Report Share Posted February 27, 2020 2 hours ago, Jorma said: I am embarrassed to have to ask this Lee but are bank reserves liabilities on their balance sheets? Both commercial and central banks. My mind is failing fast I guess. Did you see my answer and was it clear? Just remember, one guy's financial asset is another guy's liability. Except gold, of course. 😄 Link to comment Share on other sites More sharing options...
PullMyFinger Posted February 27, 2020 Report Share Posted February 27, 2020 Does today's ES spike down to 3006 and rebound feel like at least short term crap-itulation? Or is it just my paranoia? Link to comment Share on other sites More sharing options...
Jorma Posted February 27, 2020 Report Share Posted February 27, 2020 2 hours ago, DrStool said: Did you see my answer and was it clear? Just remember, one guy's financial asset is another guy's liability. Except gold, of course. 😄 Oh yes, it's clear. I mean I knew it, but, just to be sure that is correct per technical language. Link to comment Share on other sites More sharing options...
Jorma Posted February 27, 2020 Report Share Posted February 27, 2020 Northman Trader has a chart if you want to think big https://twitter.com/NorthmanTrader/status/1233107453291761666/photo/1 Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2020 Author Report Share Posted February 27, 2020 Can't see it. I'm blocked from Twitter until I remove my offending tweet where I used bad words to criticize the borg. Which is fine with me. Waste of 10 years of energy. Link to comment Share on other sites More sharing options...
DrStool Posted February 27, 2020 Author Report Share Posted February 27, 2020 Disco Inferno, Baby! Link to comment Share on other sites More sharing options...
Jorma Posted February 27, 2020 Report Share Posted February 27, 2020 SPX gap at 2948. On 10/10. The one month anniversary of repo madness right? A decent enough interval to create some plausible deniability.? Link to comment Share on other sites More sharing options...
Jorma Posted February 27, 2020 Report Share Posted February 27, 2020 Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.