FED PANICS, STARTS QE

[Anonymous No.15630349]

53 BILLION YESTERDAY, MORE PROMISED TODAY

>WHY DIDN'T YOU LISTEN?

[Anonymous No.15630367]

>rattles markets

yeah, sure looks rattled to me with everything at an ATH. bears suck

[Anonymous No.15630399]

>>15630367
>printing money to prop up "everything" to all time highs is normal and healthy and sustainable and we're all going to be fine
the absolute state

[Anonymous No.15630413]

>>15630349
Fuck boomers and their stocks but...

This is good for bitcoin

[Anonymous No.15630424]

>>15630367
Hey dumbass, it means banks have no liquidity

[Anonymous No.15630510]

>>15630349

Everyone should have an exit strategy at this point and start pulling the ejection seat. The past couple of months I've been preparing my temporary exit from western economies by moving to cheap shitholes in south-east Asia in particular India where I can live like a king for a year or so while working on my startup and living an incredibly /comfy/ life in some ex-colonial hill station in an Indian mountain range with good WiFi.

Fuck paying rent in a meme overpriced/overinflated city like London - I look forward to all the private equity and venture capital wankers getting absolutely rekt by the coming crash, this phoney prosperity has gone on for too long and those retards have been earning too much money.

BRACE FOR IMPACT

[Anonymous No.15630516]

>>15630399
>printing money
>unsustainable

[Anonymous No.15630733]

>>15630510
>pajeets shilling india.

hahah. Seems liek recession time is near.

[Anonymous No.15631359]

what2short? investment banks?

[Anonymous No.15631408]

>>15631359
you dont short anything when the jews are trying to hyperinflate the currency, silly

[Anonymous No.15631439]

This isn't QE and they're not printing anything, hysterical dumbfucks.

[Anonymous No.15631466]

Just max out all your credit and fuck the system. Let them crash and burn.

[Anonymous No.15631490]

>>15630349
FED got this under control this is just a temporary issue

[Anonymous No.15631501]

>>15631490
Lmao

[Anonymous No.15631597]

>>15631490
FED doesn't have jack shit under control, some bank is probably ready to go belly up and the FED has to save their asses. The risk in the markets will start rising exponentially soon.

[Anonymous No.15631611]

>>15631490
>t. Doomed

[Anonymous No.15631643]

>>15631439
You're glowing

[Anonymous No.15631663]

>>15630349
From what I read on CNN, it doesn't look all that bad, can /biz/ explain otherwise?

[Anonymous No.15631683]

>>15631663
its just bears grasping at straws. Its literally nothing

[Anonymous No.15631688]

>>15631359
Holy shit no long absolutely everything when fed CTRL-Ps - borrow money because lenders are being thrown under the bus

[Anonymous No.15631690]

>>15631359
Short the dollar and buy gold

[Anonymous No.15631701]

>>15631597
This. I wonder which it'll be.

[Anonymous No.15631883]

>>15631597
In other countries, the bank in question would have been nationalized (and sold some 10 year later)
Americans are too idealistic for their own good

[Anonymous No.15631968]

Why don't you ne'er-do-wells get a life instead of rubbing your hands and hoping this is the end of the world every time literally any news article is posted

[Anonymous No.15632256]

>>15631968
Once in a decade event with never before seen magnitude is a good reason for a thread in /biz
Thanks for the bump

[Anonymous No.15632306]

>>15631968
ok. go make another brapper thread then pudoo

[Anonymous No.15632429]

>>15631490
Obvious b8 not even The Fed think this

[Anonymous No.15632443]

>>15630349
Update on OP if anyone missed
https://www.zerohedge.com/health/fed-begins-repo-operation-funding-rates-ominously-elevated-across-board

TL:dr
Another 80 billion injected

[Anonymous No.15632488]

>>15632443
Optimistic argument out there is that this is a temporary event as companies need cash for tax purposes.

But despite that, the level of Fed intervention makes for a very bearish case.

Imagine a Porsche driving but the tires are made of tissue. Powell is driving the car, just trying desperately to keep it from collapsing.

Great stock prices and whatnot mean fucking nothing if the cash and rates of borrowing are completely manipulated and scammed out of control. Which they are.

[Anonymous No.15632511]

>>15631690
You fucking tard. The only reason the fed would do this is because they expect there is going to be a dollar shortage in the near term. Shorting the dollar now is going to get you fucked.

[Anonymous No.15632513]

>>15630349
Markets haven’t done much. Gold is flat as is the s&p

[Anonymous No.15632518]

>>15632488
>need cash for tax purposes.
Even a complete moron like me would question why this wouldn't happen every year.

[Anonymous No.15632553]

are repos considered QE?

[Anonymous No.15632564]

>>15632488
>this is a temporary event as companies need cash for tax purposes
Sorry but no.
https://www.zerohedge.com/markets/dollar-funding-storm-set-make-landfall-weeks-what-happens-next

[Anonymous No.15632630]

>>15632553
I don't think so. QE = Fixed pumping regardless what happens.
Repo operations = one time fix of broken shit

[Anonymous No.15632685]

>>15632553
Also these loans get paid back the next day. So supposedly yesterday's 53B is already paid back or something.. I dont understand any of it.

[Anonymous No.15632917]

>>15632685
that's true that a repo is short-term
so is this truly a 1-night repo, or is the Fed "renewing" the repo?

[Anonymous No.15632996]

>>15632917
These were overnight loans.
I don't know what renewing a repo means

[Anonymous No.15633287]

>>15631490
excellent pasta, thank you

[Anonymous No.15633300]

>>15631408
Sage

[Anonymous No.15633332]

>>15631701
my money is on Australia coming completely out of left field with an epic size malinvestment bomb from their insanely long 30-years bull market pop goes the weasal and bodies everywhere hanging from gum trees emu revenge

[Anonymous No.15633354]

>>15632685
so then why is letting the market decide on a 10% overnight rate (assuming you would only actually pay 1/365th of that rate) so horrible.

[Anonymous No.15633408]

>>15632996
the banks hand over collateral that they agree to buy back at the end of the term. fed prints money to cover their cash needs
the term just happened to be overnight
renewal would just be a renewal of the overnight contract

[Anonymous No.15633540]

>>15630516

Everyone can be a trillionaire!

[Anonymous No.15633586]

>>15630510
>moving to any country that isn't Russia

Basically all economies are dependant on the US.

[Anonymous No.15633592]

>>15631490
>damage control

[Anonymous No.15633619]

>>15633354
Because the fed dictates that interest rate be 2%.
What are banks to do when they borrow at 10? Eat the loss? They'd rather not borrow at all.
This means banks run out of money.

[Anonymous No.15633737]

>>15631597
>>15631490

The Fed is the one DOING this so they can buy everything up very cheap.

[Anonymous No.15633793]

>>15633737

[Anonymous No.15633863]

>>15633793
>he doesnt know that the Fed is owned by the nation's banks
and who do you think owns the banks

[Anonymous No.15634176]

shut the fuck up bobos, enjoy your one red day as the golden bullrun returns tomorrow

[Anonymous No.15634408]

>>15633586
ahhh, the murrican education system ;)

[Anonymous No.15634538]

>>15631466
I did that 6 years ago..... The market can stay irrational for longer than it takes debt collectors to find your ass.

[Anonymous No.15635653]

>>15632553
No it's making an illiquid asset liquid >>15632685
>>15632917
They're not that short term. 90 days is common.

[Anonymous No.15635757]

>>15633332
nice post anon, too bad you didnt get quints
>pop goes the weasal and bodies everywhere hanging from gum trees emu revenge
made me laugh.

[Anonymous No.15635935]

This is 1907 all over again.
https://www.federalreservehistory.org/essays/panic_of_1907
>Despite their minor role in the payments system, trusts were large and important to the financial system. Trust companies loaned large sums directly in New York equity markets, including New York Stock Exchange brokers. Trusts did not require collateral for these loans, which had to be repaid by the end of the business day.
>Brokers used these loans to purchase securities for themselves or their clients and then used these securities as collateral for a call loan — an overnight loan that facilitated stock purchases — from a nationally chartered bank.
>An upward spike in the call money interest rate — the rate of interest on overnight loans on stock collateral offered at the New York Stock Exchange — was among the first signals of distress and tightening credit. On the day Knickerbocker closed, October 22, the annualized rate jumped from 9.5 percent to 70 percent, then to 100 percent two days later.
Shit about to get real.

[Anonymous No.15636007]

>>15635935
Unironically, for real this time, this.

[Anonymous No.15636108]

>>15630367
>everything at an ATH
>fuck he really doesn’t know

[Anonymous No.15636133]

Please short the market, I want to see you squirm

[Anonymous No.15636231]

>>15635935
>an actual non-brainlet comment on /biz/
the fuck!?

[Anonymous No.15636244]

>>15636231
>he thinks bear fags are intelligent

lmao anyone who is a bear will get fucked raw yet again

i'll be reading zerohedge for lulz though

[Anonymous No.15636321]

Bear bros when does the recession start?

[Anonymous No.15636355]

>>15635653
overnight is typical for the fed funds market, and a few days is typical for repos in general
90 days sounds like a lot in comparison but wikipedia says its still not unusual

[Anonymous No.15636367]

>>15636133
>being cautious means one is encouraging shorting

[Anonymous No.15636403]

Fuck stocks.

[Anonymous No.15637125]