stock market was up today...

#13,781
#13,781
I repeat

The TreasuryDirect application will be temporarily unavailable from approximately 12:30 PM ET to approximately 7:00 PM ET on Monday, March 13th for light scheduled system maintenance. We apologize for any inconvenience this may cause.
Minor maintenance during the heart of the trading day..
 
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#13,783
#13,783
This whole bank failure episode is more proof as to why the Fed should have started raising rates in Q3 or Q4 of 2021. As I've said in prior posts, they resorted to this "blunt force trauma" style of arresting inflation since they were too late in responding. Remember "it's just transitory" inflation?? Looks like this was a huge catalyst in the collapse of these banks as they couldn't adjust fast enough to the rate hikes and their impact on banks assets. Now the Fed comes out and says they will reduce or potentially pause rate hikes at the next Fed meeting as a result of these bank failures. Why does nothing surprise me anymore? I can almost hear the collective gasp of "oops!" coming from the Fed Board of Governors.
 
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#13,784
#13,784
Orangeburst said:
Savings in a bank is the most conservative parking one could ask for. yet where we are.
An FDIC that has minimal reserves and just over 2 banks..is now possibly insolvent

The lazy bastards probably haven't even printed the money.
Click to expand...

I don't believe in conspiracy theories, but I do believe in coordination at the highest levels. It's almost as if they're trying to push us into a completely digital system (tracking, surveillance) asap by creating these crises in our financial systems. The Great Reset is at our door step.
 
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#13,785
#13,785
Vol737 said:
This whole bank failure episode is more proof as to why the Fed should have started raising rates in Q3 or Q4 of 2021. As I've said in prior posts, they resorted to this "blunt force trauma" style of arresting inflation since they were too late in responding. Remember "it's just transitory" inflation?? Looks like this was a huge catalyst in the collapse of these banks as they couldn't adjust fast enough to the rate hikes and their impact on banks assets. Now the Fed comes out and says they will reduce or potentially pause rate hikes at the next Fed meeting as a result of these bank failures. Why does nothing surprise me anymore? I can almost hear the collective gasp of "oops!" coming from the Fed Board of Governors.
Click to expand...

Anybody with common sense saw this. Inflation vs Debt..now rock and hard place.
 
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#13,787
#13,787
Vol737 said:
This whole bank failure episode is more proof as to why the Fed should have started raising rates in Q3 or Q4 of 2021. As I've said in prior posts, they resorted to this "blunt force trauma" style of arresting inflation since they were too late in responding. Remember "it's just transitory" inflation?? Looks like this was a huge catalyst in the collapse of these banks as they couldn't adjust fast enough to the rate hikes and their impact on banks assets. Now the Fed comes out and says they will reduce or potentially pause rate hikes at the next Fed meeting as a result of these bank failures. Why does nothing surprise me anymore? I can almost hear the collective gasp of "oops!" coming from the Fed Board of Governors.
Click to expand...

If they do inflation is going through the roof.
 
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#13,790
#13,790
Fun coupon VOL said:
It is a definite. Printing more money does not fix inflation.
Click to expand...

This has been my contention with running up this debt. I have said several times that we are at a point where these debt levels are getting disconnected from rate increases by the Fed. One of my more recent posts I surmised that the Fed could take this to10% or better before it's done tightening. S***, meet fan.
 
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#13,794
#13,794
NorthDallas40 said:
So I don’t understand the concern here,
You’ve posted this link a few times now. Is it your belief or worry that you cannot redeem any treasury bonds you own from the government?
Click to expand...
Seems to me the perfect time for maintenance is when the bond market is closed, but I'm sure it's something much more nefarious. Probably related to pedophiles, Qanon and Hunters laptop
 
#13,795
#13,795
MurphyVol said:
Seems to me the perfect time for maintenance is when the bond market is closed, but I'm sure it's something much more nefarious. Probably related to pedophiles, Qanon and Hunters laptop
Click to expand...
I actually Googled it. You’re going to be shocked by this but this government application appears to be somewhat dated and underpowered and has crashed fairly often over the last year during periods of high demand. So I was genuinely wondering what his concern is here.
 
#13,799
#13,799
It is not the regulators or feds job to make you enact wise concentrations on your balance sheet within your asset block. What freaking moron thought it was a good idea to load up on bonds for the past two years?

Every depositor received an FDIC insurance notice when opening an account. The bailout of the accounts with SBV is corruption at its finest.
 
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#13,800
#13,800
Vol737 said:
This whole bank failure episode is more proof as to why the Fed should have started raising rates in Q3 or Q4 of 2021. As I've said in prior posts, they resorted to this "blunt force trauma" style of arresting inflation since they were too late in responding. Remember "it's just transitory" inflation?? Looks like this was a huge catalyst in the collapse of these banks as they couldn't adjust fast enough to the rate hikes and their impact on banks assets. Now the Fed comes out and says they will reduce or potentially pause rate hikes at the next Fed meeting as a result of these bank failures. Why does nothing surprise me anymore? I can almost hear the collective gasp of "oops!" coming from the Fed Board of Governors.
Click to expand...
A serious and obvious (at the time, not just hindsight) policy error in particular was continuing to purchase well over $100B a month in MBS throughout 2021, when it was patently obvious that conditions in the mortgage market no longer called for it starting sometime in Q4 2020 or Q1 2021. They could and should have done that, and they could have done it independently of rate hikes.

The Fed's MBS purchases is a huge contributor to the rapid increase in home prices since COVID. Certainly not the only, but a big contributor.
 
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