The financial markets are getting ready to crash! NY Fed just injected $53B into the financial markets by buying Treasuries and other securities. Ready to inject another $75B. "It's unprecedented, at least in the post-crisis era," said Mark Cabana, rates strategist at Bank of America Merrill Lynch." Pumping money into the system to artificially keep rates low. The rate on overnight repurchase agreements hit 5% on Monday, according to Refinitiv data. That's up from 2.29% late last week and well above the target range set in July by the Federal Reserve, which is 2% to 2.25%. The surge continued Tuesday, with the overnight rate hitting a high of 10% before the NY Fed stepped in. Pumping money into the system to artificially keep rates low. NY Fed

$1 Trillion dollar deficits are not sustainable. Hey but Trump the Communist/Socialist has already redistributed money from consumers affected by tariffs to frmers hurt by his tariffs. Essentialy buying votes from farmers.
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I'd Rather Be Fishing for Summer Steelhead!