The repo market | Marketplace Whiteboard
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- เผยแพร่เมื่อ 30 พ.ค. 2024
- Paddy Hirsch explains why the repurchase (or repo) market is vital part of the financial system. #MarketplaceAPM #Whiteboard #RepoMarket
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I love how this 10 year old video is resurfacing in 2019
And we wonder why...…...
Yup we know it greatest depression
This is 10 years old?? 😯
It's coming back to bite
From 1.78% to 10% !! And for a week straight?! We might be in trouble. Ill be back, im going out to buy more Au...
The TH-cam algorithm knows what's up. Buckle up folks.
Exactly my thought
I think everyone is looking for answers on the repo market Spike and MSM is being unusually quite about a topic for a change. Orwell would know what's up, and it seems like enough people do too to cause the algorithm to recommend it
I pulled all my money out of the market like 5 months ago. Wish I would have stayed in longer but I'm confident I'll be glad to be out when I did.
This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out:
www.jmwinnovation.com/federal-reserve-repo-problem.html
also check out my Ole Jerome Powell swag out with the link below
teespring.com/stores/jolly-ole-jerome
regards
2 months later...you feel silly.
Let's take a borrower. Let's call him Duetsch Bank.
Lmao!!!
Ahhh such a good laugh even when were f.u.c.t
...with how many TRILLIONS in - derivatives ???? LOL
ROFL!
Feel the heat from that burn.
10 years ago we had the 2008 crash. Now TH-cam is recommending this video. The algorithms know something we don't
You know what it is, but don't want to admit it. None of us do.
We are putting in the search engine then it pops up
TH-cam knows you view a lot of economic fear porn haha
@@ChristopherReevesNZ I love it
This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out:
www.jmwinnovation.com/federal-reserve-repo-problem.html
also check out my Ole Jerome Powell swag out with the link below
teespring.com/stores/jolly-ole-jerome
regards
This guy is gonna get lot's more views...
I just subscribed.
@@bisiriyutajudeen5728 YES, man!
This is repo is a serious problem
..... at every freaking 10 year intervals .... LoL
@@marketplaceAPM 6:00 Did we get clearing banks or is that just one more piece of regulation the powers that be didn't like?
Who is here in 2019 !!
OCTOBER 30TH,2019 YUP
Nov 2, 2019
History repeats! Nov 2019
Nov 11 2019
This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out:
www.jmwinnovation.com/federal-reserve-repo-problem.html
also check out my Ole Jerome Powell swag out with the link below
teespring.com/stores/jolly-ole-jerome
regards
FINALLY...something we can wrap our brains around... Thanks!
Sam gets money, goes to work, doesn’t get enough tips, lost asset to Amy and now needs a bailout. Yep.... I see what’s on the horizon.
Anyone who'd put up his AC/DC collection deserves to go bankrupt!
yup get ready to be the lender of last resort. loyal taxpayers
If Sam defaults on the repo debt, can’t amy punt off the collateral and sell the debt obligation?
2019 - Repo loans, negative interest rates... get ready people, we'e going for a ride.
Steve Zagata cha cha chu chu 🚂
@@HAMID___ little engines don't have to chug so much downhill
Its coming and it is not going to be nice. It is a lot more complex than what this chap explained, and the powers that be / government and financial institutions are not going to give anyone the heads up until they have their parachutes strapped on and all their financial arrangements in order. It will be the 99% who takes the hit.
This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out:
www.jmwinnovation.com/federal-reserve-repo-problem.html
also check out my Ole Jerome Powell swag out with the link below
teespring.com/stores/jolly-ole-jerome
regards
No, we aren’t.
If I had Teachers like this Man in College I may have graduated! He is so clear and to the point. I now have a handle on the Repo Market. Thanks from ten years latter.
After watching 3 of these whiteboard videos I gather that everyone is going to need a drink 🍷🍻
What he saying is nobody is lending, because their assets are shit and they dont trust anyone and want a higher over night rate . There for freezing the markets, then fed has to step in and lend money at cheap overnight rates , trouble is brewing big time
Thank you. Very well said
This is by far the best explanation of the repo market I’ve ever seen on TH-cam. Ty very much kind sir
All of the sudden, this video gets a real boost in view count! Batten down the hatches!
9 years old and yet so relevant, I thought I was uploaded last week. Love it!
The coming economic crisis brought me here!!
Same. I remember 2008. But it seems a lot of Americans have memory of a goldfish.
lol
Hey if anybody interested in preparing for the upcoming crisis and wanna stock up on some gold.....have yall heard about karatbars?
Trying to evaluate whether this is a real issue this time or the usual “sky is falling” doomsday prophesies (usually to sell gold or something). 🤔
This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out:
www.jmwinnovation.com/federal-reserve-repo-problem.html
also check out my Ole Jerome Powell swag out with the link below
teespring.com/stores/jolly-ole-jerome
regards
Wow, wow..I remember I watched this video 10 years ago!!! It just popped up in my feed..here we go again, buckle up!
Repo Market (for big banks) is like a Pawn Store (regular people).
Good example
This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out:
www.jmwinnovation.com/federal-reserve-repo-problem.html
also check out my Ole Jerome Powell swag out with the link below
teespring.com/stores/jolly-ole-jerome
regards
Very good explanation. I didn't have to replay the video, got everything the first time he said it because he explained it with very simple words. Perfect! Thank you!
I like how J.P. Morgan is the clearing bank in this example and he brings up the obvious problems. Fast forward to last week and we now know who triggered the 2019 repo issues....
I knew when my Director left our company and got a job at JP Morgan that something might be afoot. She is an Indian national, and although a very nice lady, she is also a corporate type person with the ethics to match. As in, no ethics whatsoever, will say yes and do whatever is asked without questions. So if people were jumping ship at the Morgue, I can see them hiring her in a flash to refill the ranks with wiling participants.
I wonder if now, in 2019, universe wants to tell me something by putting this vid in my queue
The Algorithm not the Universe. If you've been following this online or even having phone or in person discussions about related topics, your collected data triggers the TH-cam feed to find related information.
McCarthy Kane
The Universe IS the algorithm.
Just happened, 9/17/19. Welcome to the upcoming crash.
Everyday this week so far. The banks and institutions are broke and need these overnight loans. Billions, no problem. Just wait till they need trillions, these derivative markets should worry everyone.
Was wondering if others are researching this now or looking it back up!
Wouldn't bet on it yet
could be the last straw that breaks the camels back, who knows
@@agchillinbears334 we need QE. If it goes on longer than this week, then I would worry
Yep! here we go again
Paddy Hirsch is a legend. Super clear and helpful for those of us who have to interact with the banks but can't always understand what they're saying!
That was a really great job. Just got of work, its 2 am: here in Chicago. Thought I'd do some browsing real quick. Now I'm going to bed a smarter man. LOL Thanks
A remarkable teacher with a thousands of years tested method : the Blackboard, whiteboard in his case and narration, Optoacustic. Many Thanks .
Impossible this is a new video. The fed is doing the same thing. The banks are doing the same thing.
The banks get the bailout and keep the assets.
That's double dipping. The consumer is without the home, (asset) and picks up the bailout (taxes) check.
EXACTLY!!!!!!!!!!
TH-cam algorithms are working perfectly to suggest this 10 year old video just in time this week. This person's videos explaining about bonds, yields, notes are so much valuable right now. Crazy how market cycle works. These videos were posted during last recession. You explanation is so valuable and timeless.
Hello Darkness, my old friend.
I read this in my text book and it made no sense. But watching this has made it perfectly clear in my head and allowed me to understand the text book explanation. Brilliant work, keep it up! You are fantastic xD!
Thank you for explaining clearly in simple but concrete terms what the repo market is and how it works. Especially tying in Lehman Brothers and Bear Sterns.
In summation, 10 yrs ago he says the shit's gonna hit the fan. We call that the Peter Schiff rule.
@@tc8714 I was scared then, and I'm scared now. I make fun of Peter Schiff in that since the Mark Haynes low (he called the bottom in March 2009) stocks went up for 10 yrs straight. Pete has been on the wrong side of that trade for 10 yrs.
@@tc8714 xrp, will sort it out and that's the big plan ODL , the new liquidity for the globe....
@@ibji 👍
“He gets out his Rolodex”
How did a pre-internet movie get onto TH-cam with such good quality?
Sounds to me just like how a pawn shop works!
But the central bank doesn't print debt to bail you out if you buy stupid shit that won't sell in a million light years.
Exceptional explanation, clear and concise, leaving the audience with a solid base to extrapolate
One of the biggest problems with our banking system is the disaster called accounting. Some of the methods used are fraudulent, but no one seems to care. Putting possible future profits on a balance sheet and using them for collateral on investments is criminal.
Fantastic explanation of complex concepts using plain and simple language!! Liked and subscribed!! 😎
I keep hearing about the repo market in the news in 2020 and couldn't grok it from context. Thanks to the Algorithm for putting this video on my feed, and thanks for such a clear and concise explanation.
Also, I really appreciate your sedate presentation style.
Repo market is a pawn-shop! Who knew?
It sounds so much MORE CLASSY...like you need an Edukashion or something...
Repo = Pawn-shop 101! Thanks Paddy!
That was a really good presentation. Up to the point that he just stopped giving out information. And said something about “needing a drink”. I got the feeling like the last 25% of that presentation was self censored !
There’s some trouble in these markets. And the people who know what’s up or not talent. But this presentation gave a few more dots to connect...
You are good.. You explain things very nicely.. love all your videos.. Thank you!
Repo is the Pawn Shops of big business!
What a great easy to understand explanation, love the whiteboard examples, just subbed to your channel. This automatically started after watching one of Greg Mannarino's video (I watch his videos daily!). Thank you for producing this video. 10 year old video, information here is so relevant right now.
One of the best explication of repo market ever :) thanks for the help.. Please continue to do the same please...
What I learned about the Repo Market: Sam & Amy both have the same hairstyles.
Spectacular Presentation. Thank you.
Very good explanation. Well done. I loved it. I will use this video to teach high school students
Thank you so much, for explaining it so well.
Excellent! Thank you.....please keep these instructional videos coming.
Money sharp episodes was very, very informative. Thank you!
Wow! I understood the concept without even trying. Thank you.
I have a doubt that Corona Virus 🦠 is covering up global banking crisis.That’why it brings me here to start to learn Shadow banking system and Repo Markets,etc. Moreover ,this channel explains to me easily and clearly.Thank you!
If this gentleman explained the clearance prossess, I would agree that he explained well.
My problem with him is he said banks take deposits and lend them out.
By law banks don't take deposits nor do they lend money.
Banks are in the business of buying securities.
That loan contract you sign is a security a debt instrument that the bank purchases from you and they put it on the ledger as an asset.
The money owed to you is put on the ledger as an accounts payable liability.
The bank calls it a customer deposit.
It is money creation out of thin air.
This money creation is good for us if directed towards GDP growth through increased productivity.
Business investment in new technology and upgrades.
This money directed towards asset purchases is disastrous asset bubbles and if towards consumption, inflation.
Don't mind me, just an ape watching and waiting.
2 thumbs up good and reliable content From this host consistently videos recommended.
very accurate description of how a pawn shop works...thank you
This video had only a few views over ten years ago. Now with the "REPO" in the news it is picking up thousands of views in a short time.
And so it should
@@bistokid7555 Exactly! I just thought I should point that out.
Paddy, excellent work. Very Clear
So simple! So Effective! Thanks a lot!
The collateral of the banks are the mortgages on our properties. The banks can recall (forclose) the mortgages anytime reguardless if you have been paying on time and in good standing.
I own 2 cash businesses fully paid off, have living areas, that are recession proof, I'm pooling money and getting ready for a shop spree.
@@Aminorsnickle your pooled cash will loose buying power. As the value of currency goes down, the cost of anything will go up as the money approches worthless.
@@colt45peacemaker buying liquid business assets and inventory, or paying off land purchases.
Sept 2019:
SGT Report just did a show with Zang on this subject. Very ominous...
Well lookey here, we're back here in 2021!!!
Finally, a succinct, well-explained version.
Paddy your examples are exemplary, my Msc Financial Mathematics lecturer needs to learn from you....
Exvellent explanation for the layman.
Thanks...I am in the industry, operations, as much as i was pricing these, I had no idea what they were, thanks for the explanation.
I like it in the way it is explained , very clear and simple , now I fully understands how does the Repo Market works,
Great explanation... Thank you Patrick!
Brilliantly explained
The people who are watching this video have smelt the coffee and are ready for a financial collapse.
Thank you for the explanation. Can you put together a brief lecture and teach us about things like "unwinding" v "liquidation" of assets?
Thank you.
Thank you so much for this! Excellent.
Excellent explanation.
Brilliantly explained, thankyou.
Wow! well explained easy to understand. txs.
Watching gold market videos and algorithms grabbed me to show me this!
Very nice! Good work there Paddy!
hey thanks a lot. our economics teacher quite failed at explaining this in a way we could understand it.
Thank you so much for that video. Wish I had seen it in 2009.
you are getting better and better ........!!!! g.panke(mumbai)
Great explanation!
Great video mr Hirsch!
Thanks for the valuable information.
excellent explanations!
Excellent explanations, thankyou very much for sharing. 👌🏻👍🏻👏🏻👏🏻👏🏻 👋 🇦🇺
Nice video. Thanks.
good explanation, sir! subbed.
Great video thank you
Such a great video!
Very good explanation always clear great videos Kiwi
Brilliant work! Thanks!
Anytime.
Brilliant , Must say
Great description
"Sam goes to work, he works hard ..." ... HAHAHAHA ... pure gold!
Thank you very much!
you sir... are a legend...
best description of the word pawn I have seen yet...except for the insane interest rates... Repo?
Good to find your channel. "...loans with a twist..." Lol! Thanks from NZ. If only I could get my daughter interested in this stuff. 😉
thanks for the vid, watchin it in 2019
Outstanding video. ✔️
Wow thanks for explaning this 🙂👍