You realize why utilization of Fed’s low cost window is rising? – Funding Watch

Utilization of the Fed’s low cost window is rising –

This rose in 2008 and through COVID-crash… pic.twitter.com/FCjO6fFq7W

— Puru Saxena (@saxena_puru) December 20, 2022

Observe from JP Morgan –

“Some US banks’ tangible widespread fairness has fallen into adverse territory”…

Actual threat of a credit score occasion/monetary disaster…money within the financial institution or with brokers is uncovered to credit score threat.

1-3month US Treasuries are safer….related ETF is $BIL pic.twitter.com/Wyn8nAO1V5

— Puru Saxena (@saxena_puru) December 20, 2022

The entire Fed pivot narrative that markets have been obsessive about all 12 months proved to be the most important let down of 2022.

— The Kobeissi Letter (@KobeissiLetter) December 19, 2022

I see the FED blowing and blowing to make the bubble the most important potential earlier than bursting it with rate of interest hikes and QT…as all the time.

— Pablo Gil (@PabloGilTrader) December 20, 2022

The median value of single-family homes bought in November in San Francisco plunged by 11.4% from October to $1.50 million, and by 27% from the height in April