Analyst Who Called The Repo Squeeze Warns On ‘Combustible Cocktail’ Into Year-End, “There could be a broader de-leveraging across financial markets”.
via heisenbergreport: BofA’s Mark Cabana – who repeatedly warned about a possibly imminent squeeze in short-term funding markets prior to the acute episode that grabbed headlines late last month and caught the Fed flat-footed – is worried that a “combustible cocktail” may create the conditions for another such episode at the end of the year. The … Read more