It’s official: Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11. The program is confirmed to expire but usage continues to rapidly pick up speed!

Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20240124a.htm TLDRS: The Federal Reserve Board announces the Bank Term Funding Program (BTFP) will cease making new loans as scheduled on March 11 This past week, total outstanding amount of all advances from the liquidity fairy under the Bank Term Funding Program was $161,501,000,000 As of 10/31/23 total outstanding amount of all advances from the …

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BREAKING: House, Senate pass short-term bill averting government shutdown until March

Congress on Thursday passed legislation to keep the federal government open into March, approving the third stopgap spending bill in four months as lawmakers struggle to agree on long-term government funding plans. The bill extends deadlines to March 1 and March 8. Money for roughly 20 percent of the government — including the Transportation Department, …

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Kiss The March Rate Cut Goodbye! December Jobs Soar By 216k (But Full-time Jobs Plunged By 1.5 Million In December While Part-time Jobs Soared 762k)

by confoundedinterest17 Well, kiss that anticipated March rate cut goodbye. According to the BLS, total nonfarm payroll employment increased by 216,000 in December. But to quote Cousin Eddie from Christmas Vacation, “Now hold on to your wad.” While the headline screamed remarkable, please note that the civilian labor force actually declined. As did the Employment-population ratio (to …

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Breaking — Supreme Court rejects appeal from Jack Smith to expedite Trump Immunity case. Huge win for Trump. March trial date now in doubt.

via CNN: The Supreme Court on Friday rejected a request by special counsel Jack Smith to fast-track arguments on whether Donald Trump has any immunity from federal prosecution for alleged crimes he committed while in office – a move that will likely delay his trial. The court did not explain its reasoning and there were …

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Trump will have nomination ‘locked by March.’

Former President Donald Trump’s campaign anticipates securing the Republican presidential nomination by March 19, projecting 1,478 delegates based on polls, giving him an early lead over rivals. Trump’s commanding position is evident in polls, with 61% of Republicans favoring him, while contenders Ron DeSantis and Nikki Haley trail. via Yahoo: WEST PALM BEACH, Florida (Reuters) …

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Nationalism Rises: Thousands March in São Paulo Urging Bolsonaro’s Return

In a powerful display of patriotism, thousands of Brazilians flooded the streets of São Paulo today, demanding the return of their leader, President Jair Bolsonaro. The fervor for nationalism appears to be on the rise, echoing sentiments of citizens worldwide who seek strong, assertive leadership. "Come back, Bolsonaro!" Thousands of Brazilian patriots marched in the …

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Tens of Thousands March on White House Screaming “ALLAHU AKBAR – F*CK JOE BIDEN”

by Chris Black Saturday saw massive protests across the whole world. 🚨🇺🇸🇵🇸 MASSIVE protest for Palestine in Washington DC! pic.twitter.com/jcTLwyFulV — Jackson Hinkle 🇺🇸 (@jacksonhinklle) November 4, 2023 I wish Trump would come out with some sympathy for Gaza. That might be too much to ask, but it’s really so obvious. 🚨🇩🇪🇵🇸 MASSIVE PRO-PALESTINE protest …

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Jim Bianco: This correction is bigger than March

2/6 The S&P 500 (blue) closed below its 200-day moving (orange) average for the first time in 154 days. Technicians look at this as the primary trend of the market. Right now, this metric says the primary trend is down. pic.twitter.com/DMTnINXFvT — Jim Bianco (@biancoresearch) October 21, 2023 4/6 … take out the Magnificent Seven …

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1 Million March For Children: Live feeds footage and Updates

I’m talking with #1MillionMarch4Children organizer in Ottawa Kamel El-Cheikh. That march is a huge success and it’s sending a powerful message to the woke far left: Stop sexualizing our children! pic.twitter.com/hccFcgR2qw — Maxime Bernier (@MaximeBernier) September 20, 2023 Live With Kamel El-Cheikh And The Million March 4 Children https://t.co/Vyff0lnOzT — Laura-Lynn Tyler Thompson (@LauraLynnTT) September …

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European natural gas prices surge 40% today, reaching highest since March 2022, with worker strikes potentially limiting supply

European Natural gas prices just spiked 40% today ALONE. This is the biggest daily increase since March 2022. A long-lasting worker strike is likely to limit supply, Citigroup estimates EU natural gas prices could double. The never-ending fight against inflation continues. pic.twitter.com/RqTHNCE203 — The Kobeissi Letter (@KobeissiLetter) August 9, 2023

Recession indicator recurred in March, predicted Sept-Dec.

Here’s an easier chart. EVERY recession since 1969 has had same indicator. We had it again. When? 2/10 yield curve hit peak inversion (a 40+ yr high) in March. History says recession 6-9 mos after. Since March data says recession would start Sept-Dec. Ppl are just impatient. pic.twitter.com/BU8XPwwTMI — Macrotrend Mojo (@MacrotrendMojo) July 10, 2023 …

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French patriots March streets ready to defend their country

French nationalists on the streets of Lyon ready to defend their city. #FranceRiots #FranceHasFallen #FranceOnFire pic.twitter.com/kOEDLiiuuW — Paul Golding (@PaulGolding) July 3, 2023 French mayors hold anti-riot rallies in bid to restore order Rallies organised by mayors across France on Monday called for an end to the violence that erupted after a teen was shot …

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Silver may retest March lows or rise.

After a crash to the 200-day MA, is this the bottom, or could silver retest its March lows? Or are we going higher?🚨 pic.twitter.com/50Mnc40iQP — josemgarciaj (@josemgarciaj) June 26, 2023 Many do not think of the green economy when you mention silver, but in fact, silver has many uses in renewables- Industrial buyers were 51% …

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Bitcoin Soars +3.23%, Moving With Gold Since March As Expectations Of Fed Rate Hikes Grow And US Dollar Deteriorates

by confoundedinterest17 Fridays are always fun in the market. Bitcoin is up 3.23% as The Fed took a pause yesterday. Note that bitcoin and gold are moving together since March 2023 as the US Dollar deteriorates. And expectations of Fed rate hikes (yellow dashed line) increases. As least Desperate Housewives star Eva Longoria knows better …

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Treasury Curve Points to Renewed Worries on Fed-Driven Recession (Yield Curve Approaching Recent Inversion Peak Reached In March)

by confoundedinterest17 61% of Bloomberg terminal respondents (including me, by the way) see Fed hikes leading to recession. Bond traders are stepping up wagers that the Federal Reserve will steer the US economy into a recession. Policy-sensitive front-end Treasuries led a selloff Thursday, while longer-date bonds lagged, a day after Fed officials indicated that they’re prepared to …

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Barclays offered and sold $17.7 billion in securities, SEC requests an extension.

by Dismal-Jellyfish https://www.sec.gov/litigation/admin/2023/34-97632.pdf Source: https://www.sec.gov/litigation/admin/2023/34-97632.pdf In the Order, the Commission found that BBPLC failed to put into place any internal control around the real-time tracking of securities being offered or sold off of its Commission-registered shelf registration statements. As a result of this failure, between June 26, 2019 and March 9, 2022, BBPLC offered and sold an …

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