The MMRI is going back above 300 easily. Last year the ten year yield broke through 4%, and the market was treating it just as it is treating it now at 5%. Back then, it went above 4% multiple times, and then the market shrugged it off. Now it's doing the same thing at MMRI 300...but the difference is that each time it hits these critical points, the market reacts even more. The fact that it has broken through these critical points tells us that it will continue to keep climbing. In my opinion, the FED can't stop it, but they can twist the system with their tools to delay it...to make people adjust to higher yields without damaging the market too much. There is no doubt that the MMRI will hit 400 sometime next year.
I'm convinced the banking system will collapse and stocks will still go higher.I don't know anybody left int here zombie markets... so its the last pump before the cycle crash
Mannarino, isn't it convenient that the MMRI has dropped from 328 to 292 in just three days, prior to this news from Bank of America? The market could be interpreting this all wrong. The drop in the 10YY and DXY was not the FED pumping the market, but to begin bailouts for the banks that are already falling apart.
The last two big drops in MMRI occurred right around when Silvergate (FTX) collapsed in late December 2022 and when Silicon Valley, First Republic, and Signature Banks collapsed in March 2023...
Funny, because the Bank of Japan uses "power outages" as their excuse for transaction delays now. The cracks are showing...the banking crisis of 2023-2024 is coming with more bailouts like 2008.
This is what I'd call "pre-damage control" before the fact. This is why I say keep some cash around your home always. "Mattress" safe anybody~? That's what the "Old Timers" did.
The glitch downstream, of ddos or whatever, showed up as popup or frame box alerts within bank apps, 2 other banks than mentionned here. Tor-e or Snowden must say.
How does this happen, except at the Fed level? Originating banks send their direct deposit feeds to the National Clearing House (ACH). Overnight the ACH system sends the money to the receiving banks.
This is should not be a preview of a liquidity problem, but what do I know lol
And it’s gone
The MMRI is going back above 300 easily. Last year the ten year yield broke through 4%, and the market was treating it just as it is treating it now at 5%. Back then, it went above 4% multiple times, and then the market shrugged it off. Now it's doing the same thing at MMRI 300...but the difference is that each time it hits these critical points, the market reacts even more. The fact that it has broken through these critical points tells us that it will continue to keep climbing. In my opinion, the FED can't stop it, but they can twist the system with their tools to delay it...to make people adjust to higher yields without damaging the market too much. There is no doubt that the MMRI will hit 400 sometime next year.
Well said
You do not need to take action??? Unless you need to pay bills, buy food, get gas, etc. while they sit on your paycheck. 🖕
Just at Staples and their payment processing is down. Cash only.
Bankster issues typically happen Friday afternoons.
What’s really happening?
Excellent observation. Only have to add that they usually choose a weekend with a Monday holiday following - Monday will be interesting...
End of the qabal money magick
Dow up 287! It’s truly amazing the disconnect
Alternative Universes
SHOULD BUY SILVER OR PAY OFF A FIXED OR VARIABLE EQUITY LOAN .
I'm convinced the banking system will collapse and stocks will still go higher.I don't know anybody left int here zombie markets... so its the last pump before the cycle crash
Mannarino, isn't it convenient that the MMRI has dropped from 328 to 292 in just three days, prior to this news from Bank of America? The market could be interpreting this all wrong. The drop in the 10YY and DXY was not the FED pumping the market, but to begin bailouts for the banks that are already falling apart.
The last two big drops in MMRI occurred right around when Silvergate (FTX) collapsed in late December 2022 and when Silicon Valley, First Republic, and Signature Banks collapsed in March 2023...
Now this is interesting. Why would bailouts suppress yields? Or is it merely the dollar getting weaker?
Yields drop from the federal reserve printing money....so the FED bailing out banks requires lots of money. That's why it would drop.
Funny, because the Bank of Japan uses "power outages" as their excuse for transaction delays now. The cracks are showing...the banking crisis of 2023-2024 is coming with more bailouts like 2008.
This is what I'd call "pre-damage control" before the fact. This is why I say keep some cash around your home always. "Mattress" safe anybody~? That's what the "Old Timers" did.
I paid 3 employees on Friday. They don't have their money yet which is a little unusual.
Westpac, Australia.
The glitch downstream, of ddos or whatever, showed up as popup or frame box alerts within bank apps, 2 other banks than mentionned here. Tor-e or Snowden must say.
Game on
How does this happen, except at the Fed level? Originating banks send their direct deposit feeds to the National Clearing House (ACH). Overnight the ACH system sends the money to the receiving banks.
This is should not be a preview of a liquidity problem, but what do I know lol
The true gods dont like babylon money magick system