• HUMAN REPORTERS · NOT MACHINES

    Today's "Watershed" Repo-calypse Is "One Of The Worst Things That Can Happen"

    By CDM Staff
    September 17, 2019
    0
    Today's "Watershed" Repo-calypse Is "One Of The Worst Things That Can Happen"
    Federal Reserve Bank of New York
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    While it is being ignored by most (because the S&P didn't crash), the chaos in the Fed-controlled short-term liquidity markets should panic everyone as for the first time in a decade, NYFRB was forced to inject liquidity for o/n repo...

    Repo rates kept rising despite the Fed's operation...

    To read more visit Zero Hedge.

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    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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