Federal Reserve Assets
Doesn't feel like owning stock, really need to find out, what's in the portfolio of Maiden Lane ( This is a holding company created with the purchase of JP Morgan Bear Stearns). In this portfolio then, that, according to the Fed's definition, it is very risky to keep JP Morgan on the bail. Probably some kind of illiquid.
9. Consolidated Statement of Condition of All Federal Reserve Banks
Millions of dollars
Eliminations Change since
from Wednesday Wednesday Wednesday
Assets, liabilities, and capital consolidation Nov 18, 2009 Nov 11, 2009 Nov 19, 2008
Assets
Gold certificate account 11,037 0 0
Special drawing rights certificate account 5,200 0 + 3,000
Coin 2,037 - 23 + 389
Securities, repurchase agreements, term auction
credit, and other loans 1,994,607 + 75,616 + 721,678
Securities held outright (1) 1,776,618 + 74,852 +1,287,692
U.S. Treasury securities 776,527 + 7 + 300,102
Bills (2) 18,423 0 0
Notes and bonds, nominal (2) 707,649 0 + 297,158
Notes and bonds, inflation-indexed (2) 44,643 0 + 3,572
Inflation compensation (3) 5,813 + 7 - 627
Federal agency debt securities (2) 153,049 + 3,376 + 140,548
Mortgage-backed securities (4) 847,042 + 71,469 + 847,042
Repurchase agreements (5) 0 0 - 80,000
Term auction credit 109,456 0 - 305,846
Other loans 108,532 + 763 - 180,170
Net portfolio holdings of Commercial Paper
Funding Facility LLC (6) 15,043 + 744 - 255,836
Net portfolio holdings of Maiden Lane LLC (7) 26,349 + 10 - 570
Net portfolio holdings of Maiden Lane II LLC (8) 15,766 + 33 + 15,766
Net portfolio holdings of
Maiden Lane III LLC (9) 22,951 + 19 + 22,951
Net portfolio holdings of TALF LLC (10) 231 + 231 + 231
Items in process of collection (279) 450 + 39 - 665
Bank premises 2,228 + 2 + 50
Central bank liquidity swaps (11) 28,278 - 810 - 533,812
Other assets (12) 87,764 - 2,093 + 50,074
Total assets (279) 2,211,939 + 73,766 + 23,253
Zia Lambo and Cheese Abuse
They say some Zia in switzerland went to the grocery store on a lamb,
and in the end I arranged a race with an accident – due to high-quality cheese with shykolad I lost control.
What will happen to Zia now, and how does she go to the store, our regular radio listeners ask.
What the FOMC Minutes Talk About
Today 02:00pm EST / 07:00pm GMT
*MINUTES OF THE NOV 4 FOMC MEETING: SAW DECLINE IN USD AS ORDERLY; LOW RATES MAY CAUSE EXCESSIVE RISK TAKING – Wary of falling USD and impact on inflation; risks to inflation outlook ‘roughly’….
That, what, in principle, I talked about in the blog. That there is nothing wrong with the fall of the dollar. it happens smoothly , no collapse. Certainly, they care, that a weak dollar increases the risk of appetite and that a fall in the dollar could trigger inflation.
Dollar Decline ‘Orderly’
“Participants noted that the recent fall in the foreign exchange value of the dollar had been orderly and appeared to reflect an unwinding of safe-haven demand in light of the recovery in financial market conditions this year,” the minutes said. “Any tendency for dollar depreciation to intensify or to put significant upward pressure on inflation would bear close watching.”
Britney's GDP
Tomorrow we will find out what they counted during the revision of the British GDP.
two funny features:
1) судя по реакции на первую публикацию за третий квартал "все ждали рост". of course my sample is lame, but bloomberg still shone with confident faces speaking, that this is a mistake, that the data will definitely be revised in favor of growth. And if they don't?)
2) We all grow, but England is not growing. Offensive. The elections are coming soon..
and then there are such videos. (by )
Alexander Elder
Alexander Elder – a professional speculator and expert on technical analysis. He was born in Leningrad and grew up in Estonia, where he graduated from Medical Faculty of Tartu University. Then he emigrated to the United States. After internships at clinics in New York, he enrolled in New York psychoanalytic institute. Then he opened a private clinic. Parallel Alexander Elder began working on the stock market and organized a company «Financial Trading», which became one of the leading U.S. firms for the preparation of stockbrokers. His findings and advice Alexander Elder is divided in the book “How to play and win at the stock exchange.
news from finam
With 25 November, the Bank of Russia reduces the refinancing rate to 9% and expects inflation to continue to decline
explain to me, where is the decline in inflation in real life?? я уже молчу о слове "продолжение"..
я где-то полгода назад начал затариваться в "копейке". the quality of the products has not changed, but the savings – on the face.. during this time I witnessed how from week to week 10 eggs rose from 22 rubles to 29, and cottage cheese from 23 to 26.
but yesterday – generally surprised: went to the pet store, buy dog treats for cleaning teeth – they were always 60 rubles per pack. the price has been this way for a year. with yesterday – already 70r. trifle, Really? but in percentage terms, a terrible picture turns out..
why are they lying to us?
Biography of trader Jesse Livermore | Stock trading
Jesse Livermore. The Great Loner. Original Trend Trader On Wall Street, everything is always the same. Speculation is as old as this world: today on the stock exchange is that, what has already happened before and what will happen again later. Jesse Lauriston Livermore People are wondering about, where are such great traders, like Ed Sokota (Ed Seykota) find inspiration and role models? Jesse Livermore (Jesse Lauriston Livermore) one such person, lived in the beginning 20 century. He is one of the earliest trend traders.
Risk Management Table for Newcomers to Day Trading on the US Stock Exchange (NYSE,NASDAQ,AMEX)
I wrote a table of the level of the day trader on the NYSE. This is how you need to gain experience for trading on the NYSE for beginners and experienced traders.. It's my personal opinion. *Standard stock position for trading ** Daily loss limit on the day after which trading stops *** Total profit for the week, to go to the next level **** Total minus amount for the week, to go to the previous level For beginners, the transition is carried out after two or three weeks, for more experienced traders a week is enough.