Now, in 2020, it’s not clear where we are, besides on the border of lost credibility.
Day: March 3, 2020
Zoltan Pozsar Takes On COVID-19: ‘Use The Swap Lines, An Uncapped Repo Facility And QE’
“Dollar funding is always the orphaned child of crises”.
Pop Your Collar, The Black Swan Is Here.
Things didn’t go according to plan.
Steve Mnuchin Says ‘There’s No Reason’ To Halt The Stock Market (And 10-Year Yields Make History)
“…the markets are working properly.”
Coronavirus Selloff Resembles Lehman In One Key Respect. Will The Emergency Fed Cut Change That?
Is your parachute working?
Fed Delivers Emergency 50 Basis Point Rate Cut Amid Virus Scare, Oversubscribed Repos
“Whatever it takes”, I suppose.
Nomura’s McElligott Explains The Market’s ‘Embedded Short’, Looks Ahead
And yet, through it all…
