WTF Posted April 28, 2023 Report Share Posted April 28, 2023 We are at or near the high watermark for retail this year, as the consumer starts to hit the wall. Savings are/will be depleted. Credit cards balances will top out. Layoffs will accelerate. Link to comment Share on other sites More sharing options...
Jimbo Posted April 28, 2023 Report Share Posted April 28, 2023 A THING OF TRUE AND MONSTROUS BEAUTY How do you get a free CDS on US Govt debt. Easy.....just put your money in a MMF. Which puts your money into the RRP. Repayment of the US treasury is gauranteed by the FED. Guaranteed by the printer!!!!! No risk of default!!!!!!!! Why own Treasuries directly or a bond fund with all the risk of default???????? Link to comment Share on other sites More sharing options...
Jimbo Posted April 28, 2023 Report Share Posted April 28, 2023 TRENCH WARFARE AT THE BANKS Banks are under relentless attack by the DEFECIT beast from the east. Deposits at the bank have three lines of defence: The first line of defence The FHLB deposit. The secound line of defence The FED discount window. The third line is the FDIC fund. The Government really does'nt want the beast to get to the line. Link to comment Share on other sites More sharing options...
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