Someone on TV is confused how $100BN per month in fed liquidity ends up in the market. The BIS gave you the answer: hedge funds use sponsored repo markets to lever up to 10x on risk trades. If repo rates spike, liquidations ensue
— zerohedge (@zerohedge) December 27, 2019
2019's undisputed Man of the Year: Jamie Dimon, for successfully forcing the Fed to launch QE4 after sparking a repo market crisis when JPMorgan withdrew $200BN in liquidity from repo markets.
— zerohedge (@zerohedge) December 27, 2019
Fed’s balance sheet “continues its epic rise” — up by an avg $101.5b per month since September, compared to $80b per month during QE3. “It’s hard not to imagine this influence on stock prices,” says @pboockvar pic.twitter.com/sIwaJwBZj1
— Carl Quintanilla (@carlquintanilla) December 27, 2019