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Fed Moves To Support Money Market Funds In Latest GFC Flashback

Are all the leaks plugged now? Somehow, I doubt it.

Are all the leaks plugged now? Somehow, I doubt it.
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1 comment on “Fed Moves To Support Money Market Funds In Latest GFC Flashback

  1. H, I like your style eg: “Jerome Powell’s current nightmare, where he’s trapped at a carnival playing Whac-a-mole with any and all funding market stress indicators.”

    I recall reading an earlier blog by you about two black swans colliding and falling into a pond. I think you were wrong about the pond. The two black swans collided and fell onto a house of cards. That’s how I feel this mess came about.

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