Just another minnow
Joined June 2020
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Turnupthevolume retweeted
Look at the Fed’s latest H.4.1 statement. They are paying 4.9% on $3.4 trillion on bank reserves; they are paying 4.8% on $2.6 trillion in money market mutual funds parked overnight through reverse repurchase agreements. Just think: The Fed is shelling out an annualized $291 billion on $6 trillion in cash to keep it from going into the real economy. It’s more than the Fed earns on its own portfolio so Treasury is advancing funds. How much of that interest being paid by the Fed is going to foreign-owned financial institutions?
Turnupthevolume retweeted
👀 What Mitch McConnell told me about the debt limit — clip and save this for the next Congress. nbcnews.com/politics/congres…
Can’t reply but @agtrader think they’ll do it with one “security” person in detail.
Turnupthevolume retweeted
This week many users looked at their Twitter accounts and asked “how do I back up my network?”
Hard to overstate how bad that line of questioning is for a social network. When you can’t trust your social capital as capital, engagement declines quickly
Turnupthevolume retweeted
When is the start of the secular bear - you ask? As I’ve repeatedly stated, my guess is in 6 to 9 months - on market euphoria that the #FederalReserve has achieved what many thought would be impossible and that is a “soft landing.”
The light at the end of the tunnel is a train!
Turnupthevolume retweeted
The Russians have announced entry bans and sanctions on 963 Americans, including President Biden, his son Hunter Biden, CIA Director Burns, U.S. Secretary of State Blinken, Hillary Clinton, actor Morgan Freeman, and more.
mid.ru/ru/maps/us/1814243/
Turnupthevolume retweeted
ECB's Visco: Could Face Moderate Recession, Could Worsen Depending On Circumstances
Turnupthevolume retweeted
The bear market is COVID. All the put buying over last month is hoarding sanitizer, masks and paying over ask for Clorox wipes ………. Eventually you walk into Costco and they’re essentially free and oversupplied. And then the big bad virus ain’t scary anymore. but but masks
$nq dirty algos pumped on PCE (they don’t care what actual number is) only to reject at vwap down to value area low. Let’s see if that holds. Will be a wild day.
