Month: June 2019

Repo: How Roughly $1 Trillion Moves Overnight | WSJ

The repo market shook the financial world in September when an unexpected rate spike choked short-term lending, spurring the Federal Reserve to intervene. WSJ explains how this critical, but murky part of the financial system works, and why some banks say the crunch could have been prevented. Illustration: Jacob Reynolds for The Wall Street Journal …

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The Second Repo Crisis is Just Days Away | This Time Will Be Worse

The culmination of the repo market troubles that started in September could begin any day now – and will peak year-end. In this video, I break down the article “Global Money Notes #26” by Zoltan Pozsar in a way everyone can understand. Buckle up, we’re in for a wild ride! * Support my Work on …

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