This was always the worry. But no one ever took it seriously.
Day: March 19, 2020
Don’t Call It A Reprieve.
The underlying economic reality is stark.
Gamma Drop-Off Offers Hope, But Now We Know: The Babadook Is Real
You can’t get rid of the Babadook.
BOE Goes All In, Cuts Rates (Again), Ramps Up QE
“Bazooka Bailey”.
Fed Answers Market SOS, Expands Dollar Swap Lines In Crucial Move Amid FX Chaos
The new facilities will be in place for “at least six months”, the Fed said Thursday.
Ray Dalio: ‘We Have A Crisis. US Corporate Losses May Be $4 Trillion’
“What’s happening has not happened in our lifetime before”.
Mar-A-Lago Accord, Untradeable FX And The Dangers Of Shutting Markets
“FX remains untradeable”.
Fed Moves To Support Money Market Funds In Latest GFC Flashback
Are all the leaks plugged now? Somehow, I doubt it.
