Repo Madness is now up to $300 billion dollars per day as the first 42 day term repo (into 2020 now) for $55 billion dollars kicked in on November 25th. There's no end in sight for #RepoMadness but remember that it's only temporary! LOL Press Release from November 14th: https://www.cnbc.com/2019/11/14/reuters-america-update-2-feds-t-bill-purchases-to-stay-at-60-bln-for-next-month-ny-fed.html The central bank will offer a total of $55 billion in longer-term loans. Two operations lasting 42 days will take place on Nov. 25 and Dec. 2. One operation lasting 28 days will be offered on Dec. 9, according to a schedule released Thursday. That compares with a more typical term of about 14 days previously offered. Yesterday, November 25th the first of the Fed's 2 $55 billion 42 day term repos (that go into 2020!) kicked in. Here's Jim Bianco's Tweet https://twitter.com/biancoresearch/status/1199152919691567105 and his LinkedIn blog post about Repo Madness: https://www.linkedin.com/posts/james-bianco-117619152_today-marked-the-first-term-repo-operation-activity-6604917716350570496-f-1s The chart you see on your screens was also courtesy of Jim Bianco and Bianco Research. Repocalypse & The CLO Boom-Bust - Is The Fed Bailing Out More Toxic Waste? https://www.zerohedge.com/markets/repocalypse-clo-boom-bust-fed-bailing-out-more-toxic-waste The Ghosts of Failed Banks Have Returned https://mises.org/wire/ghosts-failed-banks-have-returned HSBC Bank added to the Bank Dead pool: https://www.theinstitutionalriskanalyst.com/single-post/2019/11/25/Schwab-Goes-for-the-Big-Time-HSBC-Joins-the-Bank-Dead-Pool Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 71 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**