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Imminent Global Liquidity Drain Estimated At Up To $1.5 Trillion
It's time for your weekly liquidity warning.
Late last month, I walked back through a familiar thes
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Shorting bubbles IS perilous..Being impatient is arguing with reality- watchful waiting is the order of the day…we know where this will end up, but we don’t know what the path there looks like and we don’t know when the change in direction will come.
It seems to me that the Fed can influence the size of the liquidity drain, by holding the RRP rate above [below] bill yields which could make bill purchases more [less] likely to be funded from reserves.