QT didn't last long with the Fed Balance Sheet Growing nearly
$300 Billion this week alone - JP is in a very tough situation of
their own making along with inept congress
Posted by pmahoney on 17th of Mar 2023 at 06:22 pm
Let's not forget about the clowns running these banks and there
are plenty of them. Getting themselves stuck with long term
bond holdings. Then paying 0.01% interest to depositors!
Obviously not able to attract more money.
They will never be able to get out of this ... the system
is so hook on it now ... that any attempt at small "withdrawal"
will provoke a violent reaction ... mountains of
debts, "free money era" , excessive amount of "printed" cash
flushing through the system etc ... I can't even see a way
to even get back to what it was just a few years ago
...
You're right Mia, I think the only way will be allowing
time to erode a large chunk of this debt away. If they can somehow
manage to get some sideways action going for a few years then maybe
things will reset somewhat. Problem is people are addicted to quick
gains, it seems normal nowadays.
Posted by DigiNomad on 17th of Mar 2023 at 03:39 pm
Inflation is the only stick left left. At least now they
know that there are repercussions to insane fiscal and monetary
policy...at least the monetary side seems to be aware (the fiscal
side is lost).
Saw a forehead slapping interview with Yellen last night
where she refused to concede that deficit spending was a major
contributor to inflation. She already lost her credibility by
saying inflation was transitory, but she clearly didn't learn much
from the experience.
yeah that's just crazy and scary - it's analogous to a trader
who is consistently making $500 a day day trading for a 3
months, then loses 30K on one trade, gives all that hard work back
on one trade., The Fed was slowly reducing it's balance sheet only
to add a substantial amount back
QT didn't last long with
Posted by steve on 17th of Mar 2023 at 03:09 pm
QT didn't last long with the Fed Balance Sheet Growing nearly $300 Billion this week alone - JP is in a very tough situation of their own making along with inept congress
Let's not forget about the
Posted by pmahoney on 17th of Mar 2023 at 06:22 pm
Let's not forget about the clowns running these banks and there are plenty of them. Getting themselves stuck with long term bond holdings. Then paying 0.01% interest to depositors! Obviously not able to attract more money.
I'll say! 10 day MA
Posted by timebandit on 17th of Mar 2023 at 11:42 pm
I'll say! 10 day MA of NYSE advance-decline volume hit -979.13. That's more than 150 points lower than any reading since 1990
They will never be able
Posted by mla127 on 17th of Mar 2023 at 03:32 pm
They will never be able to get out of this ... the system is so hook on it now ... that any attempt at small "withdrawal" will provoke a violent reaction ... mountains of debts, "free money era" , excessive amount of "printed" cash flushing through the system etc ... I can't even see a way to even get back to what it was just a few years ago ...
You're right Mia, I think
Posted by vasiboy on 18th of Mar 2023 at 08:41 pm
You're right Mia, I think the only way will be allowing time to erode a large chunk of this debt away. If they can somehow manage to get some sideways action going for a few years then maybe things will reset somewhat. Problem is people are addicted to quick gains, it seems normal nowadays.
Inflation is the only stick
Posted by DigiNomad on 17th of Mar 2023 at 03:39 pm
Inflation is the only stick left left. At least now they know that there are repercussions to insane fiscal and monetary policy...at least the monetary side seems to be aware (the fiscal side is lost).
Saw a forehead slapping interview with Yellen last night where she refused to concede that deficit spending was a major contributor to inflation. She already lost her credibility by saying inflation was transitory, but she clearly didn't learn much from the experience.
yeah that's just crazy and
Posted by matt on 17th of Mar 2023 at 03:27 pm
yeah that's just crazy and scary - it's analogous to a trader who is consistently making $500 a day day trading for a 3 months, then loses 30K on one trade, gives all that hard work back on one trade., The Fed was slowly reducing it's balance sheet only to add a substantial amount back
And yet... We had so
Posted by kevindeng0727 on 17th of Mar 2023 at 09:24 pm
And yet... We had so much selling underneath the surface this week.