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Bullboard - Stock Discussion Forum illumin Holdings Inc T.ILLM

Alternate Symbol(s):  ILLMF

illumin Holdings Inc. provides a journey advertising platform, which enables marketers to reach consumers at every stage of their journey by leveraging advanced machine learning algorithms and real-time data analytics. It enables advertisers to connect intelligently with audiences across online display, video, social and mobile campaigns. Its Programmatic Marketing Platform, powered by machine... see more

TSX:ILLM - Post Discussion

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Post by prophetoffactz on Mar 12, 2023 7:39pm

US Fed

US Fed is in a similar position to SVB. The FED borrowed short-term and invested long-term and is $1 trillion underwater. As long as depositors don't start to question if their deposits are safe beyond insured amounts in other banks then everything should be ok. If this is a wake-up call for depositors and they want to move their money into treauries or into the too-big-to-fail money center banks then the run on banks could continue. The only way for the Fed to protect everyone would be massive money printing.
Comment by campst on Mar 12, 2023 8:23pm
"The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding institutions impacted by the market instability of the SVB failure." Source is cnbc story li jed above
Comment by prophetoffactz on Mar 12, 2023 10:57pm
@TruthGundlach     Dik Bove did an interview on CNBC Asia today. He pointed out that the “net worth” of the US Federal Reserve is -1.1 Trillion dollars due to essentially the same ...more