World Bank Chief says he is worried about a disorderly default process.
He is right pic.twitter.com/YzGkZ7gADe
— Alessio (@AlessioTMAD) December 2, 2022
this is very big – Blackstone, the world's largest institutional landlord – is telling investors it has a massive liquidity problem pic.twitter.com/EvOF0mFNGh
— Daniela Gabor (@DanielaGabor) December 1, 2022
M2 is mostly a function of bank credit and Fed bs. Overall bank credit growth has stalled this time even as QT is more aggressive, so M2 declines as @BrianLe_Blanc noted.
Note that loans and leases continue to grow, it's just that banks arn't buying tsy and mbs any more. pic.twitter.com/X98S09wEPN
— Joseph Wang (@josephwang) November 29, 2022
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