BREAKING: The New York Fed announced it is increasing its temporary overnight repo operations to AT LEAST $120 billion a day from the current $75 billion.
In addition to the repo increase, term repo operations are rising to AT LEAST $45 billion, from $35 billion..This IS STOCK MARKET POSITIVE..
The system demands exponential/ever expanding debt.. it is NEVER enough.
Why is The Fed. increasing the Repo/other purchases/QE? SIMPLE: The system is running out of liquidity.. they are desperate to prevent a credit freeze/complete lock up of the financial system.. complete meltdown. (Please share).