RE: Repo & Bond Yields Market - Important5 Mar 2021 12:32
REPO went to -4.5% overnight (yes: that's NEGATIVE 4.5%). The market is kaput (& has been for a long time). Let's not forget that the Fed has been intervening in the REPO (& other) markets since mid-September 2019. They want to buy stocks (overtly, & not just covertly like they do ATM via their proxies (Blackrock, Citadel & others)), but won't get their mandate amended by congress unless there is a sufficient crisis.....which is now (very conveniently for them) unfolding. I suspect the next two weeks will be chaotic. The Fed can then ride to the rescue in their mid-month meeting.
Lots of talk here that the Central Banks can't do this or that because it risks blowing up the market. Why does everyone assume that the Central Banks want to save the market??? A currency collapse & global digital (crypto) currency is a key component of The Great Reset (& don't give me that "it's a conspiracy theory" nonsense: the people behind it are telling you what they're going to do! When a psychopath tells you what he's going to do to you, you'd do well to pay attention). The only question is whether they let it all crash & burn now, or they give it one last hurrah.
Personally, I think we've got nothing to lose, given that "by 2030, you'll own nothing & like it". I remain invested & will BTFD. Significant dip coming up in 3....2....1....