Picture worth a 1,000 words. How many of the inorganic inputs that inflated Bubble #3 are REPEATABLE or sustainable? Two decades of bubbles, while structural problems metastasized & ignored by Fed@RobSKaplan @neelkashkari @marydalyecon @EricRosengren @benbernanke @RaphaelBostic pic.twitter.com/VXDhjmSr1S
— M/I_Investments (@MI_Investments) January 6, 2020
Investment grade leverage pic.twitter.com/cF7bYE8v5R
— Win Smart, CFA (@WinfieldSmart) January 4, 2020
Term repo maturities this week
$25 billion on Monday
$28.8 billion on Tuesday
$18 billion next Fridayt.co/zX0JiMx5rW pic.twitter.com/lrI7bAYdmj— zerohedge (@zerohedge) January 6, 2020
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