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hornhorn

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Everything posted by hornhorn

  1. Hahahaha another Texags server crash incoming!!!!
  2. Now I understand why they look confused every time the ball is in the air.
  3. Aggy first down Give Jimbo another extension and a raise.
  4. Because he was running toe to toe without contact against the SEC. Not allowed.
  5. Game thread on Texags seems to go back and forth between We suck and We would dominate the BIG 12.
  6. This post right here! Shut this thread down, he/she won it.
  7. We're Ohio State with fewer 5 * Texas High School players.
  8. Because its like winning a game against OSU in the shoe at night in the shoe. Impossible.
  9. Its massive, Max was supposed to be the next cash cow and has plenty of orders on waitlist. Like FB/Google's struggles last year, its a true duopoly with Airbus and nothing can change that. They must figure it out and prove it to the FAA, once they do that though, they're golden. If you have a longer time horizon, buy leaps and uh....profit?
  10. This guy was clocked 10.2, 100 meters this year. Almost SEC fast.
  11. To mitigate losses for the FED, they have a clearing house bank as an intermediary who puts together the deal, does the due diligence and makes sure that the collateral involved is up to snuff. JP Morgan and Bank of NY Mellon used to be the only ones involved but that seems to have changed over the years. So it doesn't matter who the investment bank is on the other side as long as the collateral that's put up is AAA rated. And if something goes wrong, the clearinghouse bank is also on the hook for it.
  12. I've already consulted my pastor to see where I go from here with this unbearable weight on my shoulders. Maybe you should too.
  13. OU Insiders: They didn't want Bijan anyway in 3....2....
  14. For one, it isn't always institution A that requires this. It could be that they may come to the FED for help more often but if that occurs then the FED will either deny them or ask them to take less risk. This happened with Bear Stearns back in 2008 where the FED denied them access to repo facility if I remember correctly. To understand it a bit better, look at the repo facility as a bridge loan for individuals. In this scenario you are a bank and your friend is the FED. Say you make $2,000/month and you have $2,000/month in expenses. For whatever reason you are sick on the day you're supposed to get paid and do not pick up that check. But your cable payment of $100 is due that night, so you go to your friend and offer him your brand new macbook as a collateral which is worth at least $800 on Ebay. You agree to pay him $110($10 in fees) back on Monday when you get to work and pick up(and cash) your check. He agrees to return that macbook to you if you pay him back $110. You do this several months in a row. But now your expenses are $2080($80 in racked up fees for using this bridge loan facility) when your income is $2000. Your friend realizes that you cannot sustain this forever so that's when your friend asks you to cut down on your smoking/drinking/entertainment expenses so you can recalibrate your income and expense. You do it and everyone walks away happy...in principle. For everyday Joe, if this gets out of control the biggest concern here is that it reduces liquidity in the market, which means less capital available or capital available but with a high downpayment to open or expand businesses. The inability of businesses to get new cheap debt causes a slow down which means fewer jobs which means fewer opportunities which will eventually cause a recession or worse.
  15. You cannot look at it month over month because of many many reasons like quarterly filings by investors, different fiscal years in different countries which may make them draw down investments to honor tax payments etc. Look at year over year, it is up 9.4%(6.2 trillion Oct 2018 vs 6.8 trillion Oct 2019). And if the current environment continues the demand will be higher. Its undeniable that given negative interest rates around the world and recession in most developed economies the demand for US treasuries is higher. Your sourced data says so.
  16. Quite the contrary, the appetite for US Treasuries is at its peak. Given that yields in at least the safer markets in Europe is negative, BUND for example is at -0.25% vs US at 1.9% which is also the case in Asia. Insurance companies and Pension funds looking for a safe stable return have no where else to go but the US treasury. Yield curve inversion in the summer was directly a result of that high demand. https://www.wsj.com/articles/foreign-demand-for-treasury-debt-surges-11571332228
  17. https://www.financialresearch.gov/money-market-funds/us-mmfs-investments-in-the-repo-market/ Ponzi scheme? How so?
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