Dr KC Yee

Dr K C Yee, Knowledge Of Plenty And Master Of Nothing!, Life distraction can be big sometimes that we lose sight of our goals and dreams.

[Dr KC Yee @drkcyee]

@typesafeai this is how I see Jev, it takes the BS out of LLMs. Amazing

[Dr KC Yee @drkcyee]

@Stimpyz1 @DiMartinoBooth @CNBCClosingBell @steveliesman Yet, most risks in the financial system comes from the non-banks. Banks should be regulated not to extend any loans to the non banks. Total separation of 2.

[Dr KC Yee @drkcyee]

@rcwhalen @federalreserve @SquawkCNBC @biancoresearch @WSJ @BeckyQuick And then fed can keep on rising rates

[Dr KC Yee @drkcyee]

@JackFarley96 @rcwhalen $GS simply didn't have the deposit inflow like the other banks in 20-22, so didn't buy these QE bonds. Made them look smart, but the lack of deposit (funding) is also hurting them now on the NIM side.

[Dr KC Yee @drkcyee]

@shadowleaves @rcwhalen @NYFedResearch @USTreasury @D_Blanchflower @KateDavidson @federalreserve Very true, but the optics is very bad...as well as real life creditability

[Dr KC Yee @drkcyee]

@rcwhalen $wfc's assets cap actually helped it in this regard. Most likely, will also help in the credit cycle in the near future. So being punished by the fed, was actually good
Who would knew!

[Dr KC Yee @drkcyee]

@TonerousHyus @Eli_sab_eth @rcwhalen Are you sure?, I thought it was a repo facility that would take these bonds at face value. But what you are saying is that the fed will buy these bonds at a slight discount. I think that I am right, but if you, bank stocks will be through the roof tomorrow

[Dr KC Yee @drkcyee]

@Eli_sab_eth @rcwhalen not QE, unless banks borrow from this new facility to buy new securities (bonds). Borrow at the fed funds rate and buy 2 year notes...

[Dr KC Yee @drkcyee]

@Stimpyz1 @DiMartinoBooth @wutnow_wut @invisible_hand2 @JaunZukeberg @iMonk2334 @BartsQuandry @federalreserve @USTreasury The facility can easily be extended beyond 1 year be the FED, in fact, likely untill interest rate starts to drop. Additional capital is good to buy new bonds with high rates. But this will be bank dependent.

[Dr KC Yee @drkcyee]

@MacroAlf @zerohedge Do banks use interest swaps on HTM portfolio?

[Dr KC Yee @drkcyee]

@rcwhalen @steveliesman @FDICgov @HalftimeReport @CNBCClosingBell rate cut may push the long end rate up (inflation not under control), which hurts HTM. I say, open discount window, and keep pressure on the short rates

[Dr KC Yee @drkcyee]

@rcwhalen @federalreserve @CNBCClosingBell Zero Chance on #3

[Dr KC Yee @drkcyee]

@elerianm All elected governmental bodies are ill suited to fight inflation.

[Dr KC Yee @drkcyee]

@rcwhalen In most other countries, it is the home owners (with mortgage) will blowup, instead of banks. Is this happening?, Like in Europe?

[Dr KC Yee @drkcyee]

@lisaabramowicz1 @elerianm @FerroTV Here is the problem with this, living with inflation at 3 to 4 % means the 10 year need to be 5 to 6%, this will crush a lot of companies when the refinancing wall hits.

[Dr KC Yee @drkcyee]

@rcwhalen More profits by shift the mortgage capital to high quality bonds

[Dr KC Yee @drkcyee]

@rcwhalen @IMFpubs Has MSRs gone up a lot in value? Given the sharp rise in rates, the value of MSR becomes more valuable. If so, it is good time for WFC to reduce their MSR portfolio

[Dr KC Yee @drkcyee]

@Jack_Raines Crash proof hd

[Dr KC Yee @drkcyee]

@RedFebtober @Stephanie_Link And the prices of eggs....