Lots to focus on this week and throughout this month as a number of data points and geopolitical events are set to unfold. The Federal Reserve is once again extending their repo agreements to 4 November. This started out as a “one-off,” and then quickly expanded to have a deadline of 10 October and now another moving of the goalpost to 4 November. This is due to a lack of liquidity in the system. The same system that saw the Fed pump trillions of dollars into the financial bloodstream over the last decade is now drying up. We fully anticipate that the Fed will soon begin future round(s) of QE – however, note that it is highly unlikely that they will brand it QE. This lack of liquidity is signaling something just isn’t right beneath the surface – and given not one but two deadline extensions, perhaps it’s not beneath, but right on the surface. This week will see a continuance of US-China trade talks. As we’ve been told for nearly two years – we’re sure everything is going just “great” and a deal is soon at hand (sarcasm). Not really much of a reason for the two sides to strike a deal, especially given the geopolitical climate and the domestic issues surrounding President Trump. Other items discussed include: Hong Kong protests, Brexit, the US jobs report, corporate lay-offs, and a potential 2nd whistleblower coming forward against President Trump. Stay diversified, stay vigilant, and stay with The Kapital News. #Whistleblower #EndTheFed #Impeachment #Justice #Truth #Economy #Politics #TradeWar #Peace
