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

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

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United States-Emergency-Spectacle-Bob Davis Podcast 807

United States-Emergency-Spectacle-Bob Davis Podcast 807

I am so sick of the media speculating on what’s ‘about’ to happen and predicting the future these days. So when something actually happens it’s worth talking about. Learn more in United States-Emergency-Spectacle-Bob Davis Podcast 807.

Trump Loves Bombshells and So Does The Media

Moreover when it’s a bombshell that triggers uproar from all sides of the so called political spectrum, it’s news.

All About Trump

The president has been talking about declaring an emergency for weeks. In addition there have been rumors his unhappiness with a legislative compromise that netted only about one fifth of what he wanted for his ‘big beautiful wall’ on the southern US border. It’s been a spectacle. It’s about to become a most noteworthy example of a political dumpster fire.

Can He Really Do That?

Especially relevant is the question of whether the president can actually declare an emergency to build a border wall. Obviously the Administration thinks so. There are currently thirty states of emergency already declared by presidents going back to Jimmy Carter. This will be number 31. We’ll talk about in United States-Emergency-Spectacle-Bob Davis Podcast 807.

All About The Approval Rating

There will be court challenges and lots of and lots of news coverage. Here’s the thing. Immigration and the border wall is a good issue for the president. Already some polls have his approval rating over fifty percent. As to whether a wall will actually work? I guess that remains to be seen.

Big Spending Big Government Republicans

Lost in the shuffle is a new budget bill that substantially increases federal spending. With the national debt at 22 trillion and more than 100 percent of the nation’s GDP you could call Trump President Donald Baines Nixon. With this spending bill you could call him Donald Barack Trump. (Editor’s Note: I refer to the debt of the US as the Budget Deficit which is probably somewhere around half a trillion. The 22 trillion dollar figure is in actuality the total debt of the US, currently at about 105 percent of the country’s GDP).

So Long Suckas

Suddenly the guy many republicans thought was ‘conservative’ is taking fire from the right as well as the left.

Sponsored by Whitetail Builders and Ryan Plumbing And Heating Of Saint Paul

United States-Emergency-Spectacle-Bob Davis Podcast 807

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