The-Vast-Night-Of-Fear-Bob Davis Podcast 937

Vast Night Of Fear and Peak Summer Days

Firstly these peak summer days make me reminisce. We’re going to do that and more in The-Vast-Night-Of-Fear-Bob Davis Podcast 937.

Lot On My Mind

Secondly done a lot of political podcasts this month. Time for an easy talker. No prep. Or plan. Just what’s on my mind.

Striking A Perfect Chord

To begin with I watched a movie the other night that really struck the perfect chord for the times we’re living through.

The Vast Of Night

Certainly you should check out The Vast of Night when you get the chance.

Anger Incubator

In the same vein I noticed a news story the other day that says America is an ‘Anger Incubator’. Even more it reminded me of a recent podcast this month which wondered whether we’re all delirious. You can hear it here.

Find out more in The-Vast-Night-Of-Fear-Bob Davis Podcast 937.

Is Fear The Root of Our Anger?

In addition rather than anger I submit America is really an incubator of fear right now. Fear is what drives the anger.

And this is why, for instance, The Vast of Night is so good.

Perfect Summer Days Are A Contrast

But on the other hand, when we hit one of these perfect summer days, it gives me some perspective. Even more it strikes me as strange that we’re living in caldron of fear and anger with the wind in the trees and the sound of cicadas.

Sounds, Smells and Sights of Summer

Even the sound of a train rolling through the neighborhood reminds me of times past. Similarly, the feel of burnt grass or warm asphalt under my bare feet

And the smells! Right after a thunderstorm. In the early morning hours.

Do We Control Outcomes?

Finally, I think our fears are related to the certainty we can’t control outcomes right now. Not even a little.

Embrace The Heat

In conclusion it’s a short summer in the upper Midwest. Embrace the heat. Sleep with the windows open. Get out in the vast night and capture a look at the stars. Share it with someone before the heat leaves us.

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The-Vast-Night-Of-Fear-Bob Davis Podcast 937

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