👇 This (our financial system) is a massive bubble. https://t.co/dvK3OD42eK
— Tuomas Malinen (@mtmalinen) November 20, 2019
Fed’s fix for Repo turmoil may be helping the rally in stocks as Fed injects liquidity like crazy. https://t.co/Q8rML8Zmvm pic.twitter.com/aUKoyX7rDX
— Holger Zschaepitz (@Schuldensuehner) November 20, 2019
More repo madness
https://twitter.com/GregMannarino/status/1197232552567656449
The 10 largest S&P 500 stocks represent 23% of the index's market cap…the highest concentration since the tech bubble in the 1990s https://t.co/JAAknnvv9N
— Daniel Lacalle (@dlacalle_IA) November 20, 2019
The ECB recognizes that its stimulus is eroding financial stability in the region. https://t.co/OzIpmzZhMz
— Lisa Abramowicz (@lisaabramowicz1) November 20, 2019
Bill Dudley on BBB Corps: "For many chief executive officers, the calculus has been simple — more leverage facilitates greater share buybacks. That shrinks the number of shares outstanding, boosting earnings per share and the company’s stock price. " – Bloomberg#OhNowYouSayIt
— John Tuld (@BradHuston) November 20, 2019