The End of the World: A Political Thread. A New Hope coming soon!
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Wait, were you being sarcastic? if it was a good thing, you're supposed to thank Biden now.
Democrats have a lot of work to do. Trump isn't even polling as badly as W Bush was at the end of his term. Think about that for a minute.
I worry Biden is only leading because of name recognition and Obama nostalgia. Interesting to see Warren doing worse in a head to head but doing well in the Democrat primary.
I worry Biden is only leading because of name recognition and Obama nostalgia. Interesting to see Warren doing worse in a head to head but doing well in the Democrat primary.
W was polling so bad because of the economy. If similar things happened to the economy Trump would have no shot.
If you trust that Emerson poll then you have to trust the National one they put out this week that has Warren up +22 over Trump and I certainly don't. Its just too early for that.
But yeah Warren seems to do worse than Bernie in all of them. Is that because of better name recognition or is it...
Oh, in case we needed more ammo for impeachment:
(thread)
(thread)
She hits the nail on the head here for people who keep wanting Dems to appeal to lapsed Republicans and other centrists.
I'm curious if this should be taken as a significant sign of market issues? Aside from the Fed adjusting interest rates, bank overnight money markets are coming up short on cash or something? So the Fed is injecting Billions into this system?
Literally walking with my buddy who’s responsible for over $500m in investments. His response, “It’s f***ed.”
Well, I wasn't sure if I was being taken with undue internet alarmism, but there is a lot of grumbling in trucking. Many companies have closed and owner operators are struggling hard or giving up. There is also the uncertainty of Robot Trucks. They can't do the whole job, but they can fill niche roles. UPS is already using them.
I also wonder a lot about the real employment numbers or badly underemployment is.
I'm not sure if the above videos or the Fed dumping money is relating to the Student Loan Crunch. I guess there is also a Bond Market Crunch I don't really understand and to many short term speculators. I heard someone saying the Stock Market is shining because of stock buy backs more than real performance value.
I was wondering if it would be worth having a Recession/Economy thread or just discuss these issues in here if it looks like there is a economic sh;tstorm coming?
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I'm far from an economic expert, but the most optimistic views I've seen (that are still realistic and not political smoke screens) say that there's a serious risk of a recession. It isn't a guarantee, but there's cause for alarm. WaPo had a good article a few weeks back. Nothing is certain, but the risks are there.
The older I get, the more of these cycles I've lived through. The signs get clearer to see. Unrest in the Middle East causing oil prices to rise? Check. Lots of uncertainty in the market? Check.
All I know is, whatever rainy day fund you have, keep adding to it.
The older I get, the more of these cycles I've lived through. The signs get clearer to see. Unrest in the Middle East causing oil prices to rise? Check. Lots of uncertainty in the market? Check.
All I know is, whatever rainy day fund you have, keep adding to it.
This seems weird and drastic. 
www.cnbc.com
New York Fed to continue operations in overnight funding market until mid-October
PUBLISHED FRI, SEP 20 2019 11:45 AM EDTUPDATED FRI, SEP 20 2019 1:39 PM EDT
The New York Federal Reserve will continue overnight repurchase operations through October as it seeks to quell market instability from earlier this week.
Short-term rates in the “repo” market spiked overnight Monday amid a shortfall in funding stemming from a variety of factors. The Fed responded with a series of liquidity injections aimed at preventing further capital droughts.
In an announcement Friday, the New York Fed said it will continue repo operations through Oct. 10. The process will involve three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 billion each.
The repo market provides banks the short-term funding they rely on to operate. Normally, the process works smoothly but liquidity shortfalls can gum up the works and, in the worst case, can cause financial crises.
Following the Oct. 10 operation, the New York Fed’s trading desk will continue to conduct repo offerings “as necessary to help maintain the federal funds rate in the target range, the amounts and timing of which have not yet been determined.”
The Federal Open Market Committee earlier this week cut its benchmark interest rate to a target range of 1.75% to 2% and reduced the interest on excess bank reserves to 1.8%. The IOER reduction was aimed at providing a lower guardrail for the fed funds rate and to discourage banks from holding excess reserves at the Fed.
New York Fed to continue operations in overnight funding market until mid-October
The process will involve three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 billion each.
www.cnbc.com
New York Fed to continue operations in overnight funding market until mid-October
PUBLISHED FRI, SEP 20 2019 11:45 AM EDTUPDATED FRI, SEP 20 2019 1:39 PM EDT
The New York Federal Reserve will continue overnight repurchase operations through October as it seeks to quell market instability from earlier this week.
Short-term rates in the “repo” market spiked overnight Monday amid a shortfall in funding stemming from a variety of factors. The Fed responded with a series of liquidity injections aimed at preventing further capital droughts.
In an announcement Friday, the New York Fed said it will continue repo operations through Oct. 10. The process will involve three 14-day operations involving $30 billion as well as continued overnight operations of at least $75 billion each.
The repo market provides banks the short-term funding they rely on to operate. Normally, the process works smoothly but liquidity shortfalls can gum up the works and, in the worst case, can cause financial crises.
Following the Oct. 10 operation, the New York Fed’s trading desk will continue to conduct repo offerings “as necessary to help maintain the federal funds rate in the target range, the amounts and timing of which have not yet been determined.”
The Federal Open Market Committee earlier this week cut its benchmark interest rate to a target range of 1.75% to 2% and reduced the interest on excess bank reserves to 1.8%. The IOER reduction was aimed at providing a lower guardrail for the fed funds rate and to discourage banks from holding excess reserves at the Fed.
Video showing hundreds of shackled, blindfolded prisoners in China is 'genuine'
Human rights groups say China is holding one million people, mostly ethnic Uighurs, at detention camps - a charge Beijing denies.
news.sky.com
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