DrStool Posted June 17, 2020 Author Report Share Posted June 17, 2020 The COVID trend is really bad in Cali too. Whaddup there? Link to comment Share on other sites More sharing options...
potatohead Posted June 17, 2020 Report Share Posted June 17, 2020 No shortage of Dollars but ......Americans face new coranavirus challenge: A shortage of coins. https://www.msn.com/en-us/money/markets/americans-face-new-coranavirus-challenge-a-shortage-of-coins/ar-BB15CERF Link to comment Share on other sites More sharing options...
potatohead Posted June 17, 2020 Report Share Posted June 17, 2020 14 minutes ago, potatohead said: No shortage of Dollars but ......Americans face new coranavirus challenge: A shortage of coins. https://www.msn.com/en-us/money/markets/americans-face-new-coranavirus-challenge-a-shortage-of-coins/ar-BB15CERF Let them eat cake!!!!!!!!!!!!!! Link to comment Share on other sites More sharing options...
Jimi Posted June 17, 2020 Report Share Posted June 17, 2020 2 hours ago, DrStool said: The COVID trend is really bad in Cali too. Whaddup there? Primarily SoCal Folk either too self-possessed, or too patriotic to wear masks. Link to comment Share on other sites More sharing options...
Jorma Posted June 17, 2020 Report Share Posted June 17, 2020 30% of Americans missed their housing payments in June, Some 37% of renters and 26% of homeowners are at least somewhat worried that they will face eviction or foreclosure in the next six months. https://www.cnbc.com/2020/06/16/30percent-of-americans-missed-their-housing-payments-in-june.html?__source=sharebar|twitter&par=sharebar Link to comment Share on other sites More sharing options...
fxfox Posted June 18, 2020 Report Share Posted June 18, 2020 2 hours ago, Jorma said: 30% of Americans missed their housing payments in June, Some 37% of renters and 26% of homeowners are at least somewhat worried that they will face eviction or foreclosure in the next six months. https://www.cnbc.com/2020/06/16/30percent-of-americans-missed-their-housing-payments-in-june.html?__source=sharebar|twitter&par=sharebar Perfect conditions for buying stocks, right? Link to comment Share on other sites More sharing options...
fxfox Posted June 18, 2020 Report Share Posted June 18, 2020 What??? There are sitting more than 2 trillion in dealer accounts which they can pump into the market any time they want out of thin air??? Link to comment Share on other sites More sharing options...
aussiebear Posted June 18, 2020 Report Share Posted June 18, 2020 3 hours ago, Jorma said: 30% of Americans missed their housing payments in June, Some 37% of renters and 26% of homeowners are at least somewhat worried that they will face eviction or foreclosure in the next six months. https://www.cnbc.com/2020/06/16/30percent-of-americans-missed-their-housing-payments-in-june.html?__source=sharebar|twitter&par=sharebar Lucky here in Western Australia: Quote The West Australian Government has announced a relief package of $154 million to support tenants, landlords and the construction industry impacted by the coronavirus crisis. The package includes $30 million for grants of up to $2,000 to directly help residential tenants pay their rent if they are suffering hardship. Mr McGowan said under the scheme payments would be delivered directly to the tenant's landlord. "Today's package complements the introduction of a six-month freeze on rent increases and a moratorium on evictions from March 30," he said. The grants will be available for tenants or sub-tenants who have lost their job, applied to Centrelink for income support, or have less than $10,000 in savings and are paying at least 25 per cent of their rent. https://www.abc.net.au/news/2020-04-23/wa-coronavirus-landlords-rental-relief-package-announced/12176888 Link to comment Share on other sites More sharing options...
DrStool Posted June 18, 2020 Author Report Share Posted June 18, 2020 8 hours ago, fxfox said: Perfect conditions for buying stocks, right? MUST READ 30% of Homeowners and Renters Missed Payments in June by News Source • June 9, 2020 • 0 Comments Link to comment Share on other sites More sharing options...
jp6 Posted June 18, 2020 Report Share Posted June 18, 2020 https://www.realvision.com/shows/daily-briefing/videos/daily-briefing-june-17-2020?utm_campaign=2020617_alert_briefing_leads_combo_1_standard&utm_medium=email&_hsmi=89744222&_hsenc=p2ANqtz-8y82e5j3k1n1qY6MesKGBm7aFFVvyqUTLgfpPi-PoLpyW95PNxWT0phvuEv5FH3vZ1QW0XR6lVoBhfFk6GuyfvNevm2g&utm_source=leads_combo Link to comment Share on other sites More sharing options...
DrStool Posted June 18, 2020 Author Report Share Posted June 18, 2020 8 hours ago, fxfox said: What??? There are sitting more than 2 trillion in dealer accounts which they can pump into the market any time they want out of thin air??? Not sitting in their accounts. Offered by the Fed. Not even available because only Treasury and MBS collateral accepted. I addressed that point specifically in this report. The fact that they would pay down repos, and have in fact been doing so, has been known for a long time. Liquidity Trader subscribers have been well aware of this. Furthermore they understand the critical implications for the market. Be in the know. Try Liquidity Trader risk free for 90 days. Macro Liquidity Ain’t Bullish, and Will Get Worse 1 - LIQUIDITY TRADER JUNE 17, 2020 I’m working on a data intensive full macro liquidity update which I will post Saturday after the Fed posts the banking data Friday night. First here’s a quick update on Fed QE with data through this week and projected into next week based on Fed and Treasury published schedules. It’s not bullish. First there’s our old faithful, Fed Cash to Primary Dealers. Then a look at the Current QE Chart and the all important PONT Spread. Subscribers, click here to download the report Not a subscriber yet? Get this report and access to all past and future reports risk free for 90 days! Link to comment Share on other sites More sharing options...
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