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Fed Repo down $43B last week

Summary:
Where are all the Fed repo doomsday d-bags reporting this policy change????  Where???Repo down B from 9B last week to 6B this week.TGA up B  to 1B.Thus total Reserve Assets at the Depositories DOWN B from ,673 to ,609 in last week.

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Where are all the Fed repo doomsday d-bags reporting this policy change????  Where???

Repo down $43B from $229B last week to $186B this week.

TGA up $31B  to $411B.

Thus total Reserve Assets at the Depositories DOWN $64B from $1,673 to $1,609 in last week.

Fed Repo down $43B last week

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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