Who's got the biggest Balls of them all in Government Budget

Submitted by Chris Ducret on Thu, 03/12/2020 - 01:59

With the onset of a pandemic. The medical community is at the forefront. Money is moving into the government agency that will be tackling the problem (Department of Health & Human Services).  The additional budget they are receiving makes them the doll at the ball.  But before Coroanavirus, DHS already is the biggest of them all. I am sure looking at the budgets of HHS and SSA, DoD only wishes that had that kind of money.

HHS is 2x of DoD's budget
HHS is 58x the budget of NASA
And due to the unfolding events, DHS will extend its lead.  

Daily State of Money Flash

Submitted by Chris Ducret on Thu, 03/12/2020 - 00:07

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         1.25                                                    

Interbank Rate (%):                                                        0.77                                                    

Repo Rate (%):                                                        1.65                                                    

Daily State of Money Flash

Submitted by Chris Ducret on Wed, 03/11/2020 - 00:03

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         1.25                                                    

Interbank Rate (%):                                                        0.77                                                    

Repo Rate (%):                                                        1.65                                                    

Daily State of Money Flash

Submitted by Chris Ducret on Tue, 03/10/2020 - 00:41

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         1.25                                                    

Interbank Rate (%):                                                        1                                                    

Repo Rate (%):                                                        1.65                                                    

Oil Flows in the Streets

Submitted by Chris Ducret on Sun, 03/08/2020 - 03:47

Great news for the consumer. Gas prices will be coming down faster starting on Monday. Russia and Saudi Arabia are having a little fight after Russia left the OPEC+ meeting not agreeing to cuts.  Saudi's reaction, flood the market and under cut everyone, hopefully putting them out of business and wanting to talk again.

Daily State of Money Flash

Submitted by Chris Ducret on Sat, 03/07/2020 - 01:20

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         1.25                                                    

Interbank Rate (%):                                                        1                                                    

Repo Rate (%):                                                        1.65                                                    

Daily State of Money Flash

Submitted by Chris Ducret on Fri, 03/06/2020 - 02:18

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         1.25                                                    

Interbank Rate (%):                                                        1.31                                                    

Repo Rate (%):                                                        1.65                                                    

Wild Rides, Who should be scared?

Submitted by Chris Ducret on Thu, 03/05/2020 - 18:30

+/- 1000 point swings. Once day, we are back, next day we are sunk, rinse and repeat.  Repo rates are over subscribed. Nearly $300B in the last few days issued. Why the liquidity problem.  The Feds not QE4 will have pumped nearly $1T in 6 months. And still not stabilizing.  Bonds heading to zero and catching up with friends in Japan & Europe when the US hits negative yields. 

Daily State of Money Flash

Submitted by Chris Ducret on Thu, 03/05/2020 - 02:43

Your Daily Money flash covering Interest Rates, Interbank rates and Repo Rate.

Interest Rate (%):                                                         1.25                                                    

Interbank Rate (%):                                                        1.25                                                    

Repo Rate (%):                                                        1.65