BillHolter.com

Bill’s Commentary:

“Andy is very well spoken and factual, you are watching the reset happen before your very eyes!”

Bill’s Commentary:

“Pastor Stanley on liquidity, or the lack of…”

Funny, That Rainy Day is Here-The Evaporation of Funds From the Fed’s Reverse Repo Facility is a Harbinger for a Banking Crisis

Just a few days ago (Feb 7, 2025), the Federal Reaerve released an update of ‘Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations’. This report showed that the Federal Reserve was currently engaged in providing $95.258 Billion Dollars of liquidity to the banking system; the lowest level reported since February 2021.

This is down dramatically from the height of the use of the Reserve Repo Facility (RRP) in December 2022 when the Federal reported that the level of use of said facility was an astounding $2.553 Trillion Dollars.

If we want to know why the Federal Reserve Bank (FRB) had to employ the RRP in the first place, we have to go back and visit the press release from the FRB in March of 2020:

Read more here…

Bill’s Commentary:

“Stephen Mullowney, CEO of TRX brings us up to date.”