US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885

Pay Attention To This Issue

My job is to bring new issues to the attention of subscribers and listeners. That’s why I sat down Saturday and recorded US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885.

Repo Market Hell

First of all I am not a banker but I stay current on financial news. Especially relevant are the concerns experts are voicing about something called the Repo Markets.

Not Where Your Car Goes When It’s Repossessed

In US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885 I’ll provide a definition of these markets. I’ll also explain ‘Repurchase Agreements‘.

Key Markets For World Banking Liquidity

Just remember, these markets are instrumental in keeping the world’s banking system afloat on a day to day basis.

Drying Up Like The Dust Bowl

That’s why it’s most noteworthy the repo markets unexpectedly started to dry up in the fall.

Fed Rides To The Rescue…Again

The drought forced the United States Federal Reserve Bank to dump billions into these little known markets.

Billions

More billions than the banking experts expected.

More Billions

320 Billion since last fall.

Even More Billions From The Fed

Even more the Federal Reserve has projected dumping as much as another 500 billion into these markets in 2020.

Whistling Past The Graveyard

Why? According to some, the Fed wants these markets, largely based on United States Treasury Bonds, to stay open and liquid.

Big Federal Deficits Finally Taking Their Toll?

After all, the federal government has ever larger budget deficits and debt to finance.

Trillions of Dollars of Debt Gotta Go Somewhere

Now hold onto your hats. The federal government has been dumping US Treasuries on these markets in 2019, in increasing amounts. After all, they have a now trillion dollar budget deficit to cover.

Rumors Of Bank Failures

Other supposed reasons for the problem include rumors of a big European Bank in trouble.

Could Be The Hedge Funds

Some blame the big hedge funds.

Or, Hedge Funds Are Saving Our Asses

Others say there’s so much federal debt out there, the hedge funds are saving our asses right now.

Regulations

Furthermore it’s suggested post 2008 financial crisis regulations are the culprit.

Too Much US Government Debt

Finally the biggest culprit could be there’s too much US Government debt and it’s draining the banks’ reserve accounts. Imagine that!

Your Broke Ass Uncle Sam

In conclusion can we at long last dispense with the old government-debt-doesn’t-effect-private-credit argument?

Asking A Question

I don’t like to take positions so I’ll ask this as a question.

Drunken Sailors

Isn’t it a travesty that so called conservatives have jumped on the all night drunken binge boat with usually spendthrift democrats?

Thanks Republicans!

As a result we wonder, weren’t Republicans and Tea Party Trumpers for spending less and limiting the power of government?

Nero Fiddled…

Could they be playing Nero while Rome starts burning?

Where’s That Graveyard

Are we whistling past the graveyard again? Only time will tell.

Sponsored by Reliafund Payment Processors and Ryan Plumbing and Heating of Saint Paul

US-Debt-Kills-Repo-Markets?-Bob Davis Podcast 885

 

 

 

Person-Of-The-Year-Stunt-Bob Davis Podcast 884

Person Of The Year…A Waste Of Time

I am not often amused by what passes for news these days. Moreover our obsession with year end lists and rankings bores me to tears. On the other hand Time’s ‘Person of The Year’ stunt is always worth a few laughs. Learn more in Person-Of-The-Year-Stunt-Bob Davis Podcast 884.

Poster Child Greta

First of all the decision to put Climate Change Poster Child Greta Thunberg on the cover as person of the year for 2020 has upset your crazy Uncle Fred and all his baby boomer conservative friends.

Baby Boomers Love Their FaceBook

Even more no one would have paid any attention until these aging baby boomers took to FB to express their rage. Meanwhile we’re missing key issues that really matter.

Time! Number One! A Hundred Years Ago

Especially relevant is the fact that Time Magazine struggles to remain relevant.

What used to be the number one weekly magazine in the United States about a hundred years ago, is a shadow of a shadow of its former self.

Ask SIRI or Alexa

For example, without asking SIRI or Alexa, can you remember last year’s person of the year?

Crazy Uncle Changes Positions on Climate Change!

What’s more when was the last time anyone convinced anyone to change their position on Climate Change?

United Nations…Hotbed Of Capitalists!

Greta’s most noteworthy rage against the machine of conservative capitalists at the United Nations is pure comedy.

Stunt Culture and Person-Of-The-Year-Stunt-Bob Davis

Certainly we’re missing something here. I believe it must be said. Again. We live in a stunt culture. If the current president has proven anything it is drawing attention to yourself is the path to power and profit.

Constant Manipulation

As a result we are submerged in a fish tank of constant manipulation by all kinds of media in this country, feeding on one stunting public personality after another.

Like Moths To A Flame

They can’t help themselves and neither can we.

Taking The Bait Over and Over

Too bad so called conservatives have taken the bait. Again.

Kinda Funny Though

Although I must admit, some of the Greta Memes are pretty funny.

Sponsored by Virtus Law

Person-Of-The-Year-Stunt-Bob Davis Podcast 884

 

Fishing Expedition Ends-Bob Davis Podcast 816

The Northwest Sportsman’s show is the backdrop for breaking news! Mueller’s big fishing expedition is over. We’ll talk about it in Fishing Expedition Ends-Bob Davis Podcast 816.

Attorney General’s Report of A Report

While the media melts down and the rest of the world yells at each other about the ‘details’ of four pages from the Attorney General. it’s time to vent.

A Political Minority Monopolizes Our Time For Nothing

These days it sure seems like we are at the mercy of political types. People who spend all day clicking on, watching and listening to any show doling out details Washington’s latest intrigue.

Real People Looking At Boats Seems Like A Good Idea

What a breath of fresh air to join Minnesotans at the Sportsman’s show. Fishing rods and reels. Rifle scopes. Resorts. Meat smokers and boats. Lots of boats. A rite of spring in these parts.

No CNN MSNBC or Fox Equals Bliss

Moreover not a single TV in the place tuned to CNN or Fox, or MSNBC and their incessant coverage of every scratch of Robert Mueller’s ass and Donald Trump’s anguished tweets in response. Or the bleating of the disappointed democrats. Or the “I told you so’s” from republicans.

All The Predictions Turn Out To Be Wrong

Especially relevant is our need to be delivered from the heroes of political news addicts, and their constant uninformed predictions.

Trump’s Revenge

Finally for now, President Trump can take a well deserved victory lap in the form of tweets and mass emails, or the next hour long press conference, In addition his supporters deserve a moment of bliss as for once their sworn enemies are left reaching or speechless.

Time For All The Politicians And Political Addicts To STFU

In conclusion it seems to me that our biggest problem is our fixation on the intrigues of the federal government in Washington, and our worthless politicians in state capitols, county commissioner offices and city hall.

Fishing Anyone?

Suddenly going fishing sounds like a pretty good idea.

Sponsored by John Scott at JDS Injury Law and Whitetail Builders. Who’s Building Your Dream?

Fishing Expedition Ends-Bob Davis Podcast 816