There’s no such thing as an official standard. It’s a Wall Street con, and you are the mark.
Wall Street Examiner Exclusives
What’s the matter? Nobody wants to lend cash to the Fed?
US bank deposits and loans continue to grow rapidly. The same cannot be said for Europe, where we now have the monthly banking system data for December (Fed reports US data weekly). As you know if you are even minimally familiar with the headlines on Germany’s giant douchebank Deutsche Bank, negative interest rates joined at the hip with QE in Europe have been a disaster. They have promoted loan shrinkage and deposit growth, exactly the opposite of what was intended.
They meant $39.132 billion. That’s an extraordinarily low number.
CNBC Africa’s Lindsay Williams interviewed me on his nightly drive time radio show last night. I told him the market would go much lower. Listen…
Max talks to me at 12:52. Max and Stacy in the first half.
The banks who are borrowing in the Fed Funds market are the distressed exception.
This is an excerpt from the Pro Trader Weekly Federal Revenues Report. Federal Revenues Pro Trader subscribers (or Professional Edition), click here to download complete report…
The Federal Government reports daily withholding tax collections in real time with a one day delay. I track and report that data weekly and other…