@Malone_Wealth the fed literally didn't even use reverse repo before 2013
like, i don't know what type of comparison you're attempting to draw here. The fact that the depression, black monday, & great depression started in october has zero to do with the fed's usage of reverse repo rates.
@meaghanwebster@seankterry Can you send me your #1 egg recipe? Unironically, my 15 month old daughter is in love with eggs for breakfast and we gotta shake things up.
Wow, just read the blog that @sonusvarghese has tomorrow.
SO GOOD. Housing data has bottomed and housing tends to lead the economy. I know it runs counter to what they tell you on tv, but it bodes well for H2 '23 economy.
If you disagree, yell at Sonu, I'm just the middle man.
Did you know that housing has detracted from GDP for 8 quarters in a row?
Well, did you know that the @AtlantaFed now sees housing adding to GDP in Q2?
This is a significant change and one we don't hear many economists noting. Yet another sign a recession isn't likely in 2023.
Hate to bring this up but please remember that the governments solution to a spreading respiratory illness was to have wealthy people, technology industry employees, and government employees stay home while poor people brought them food...and then institute fiscal and monetary policies that would make the wealthy way more wealthy...
A reminder that the Pentagon has failed 5 audits in a row!!
Last time, they couldn't account for 2.14 TRILLION dollars.
Which more than the ENTIRE amount of current college debt.
BUT they ARE going to check on your grandma if she made more than $600 on Etsy knitting Xmas socks