FT: "Do Not Rule Out a Market Panic Next Month"

Part 01: (01:30 to 38:27) What are monetary technocrats / financiers doing to save the world economy? We review: yield curve control in Australia (and Japan!), American regulators tip-toeing away from a once-favored LIBOR alternative, and the ecstatic economic expectations of German financiers.Part 02: (38:27 to 1:05:19) A Financial Times column warns of a US Treasury Bill air-pocket in March. Learn the little-known history of a mid-market, 1970s German bank that compelled regulators to move towards capital and supplementary leverage ratios. The very ratios that may now trigger a panic.Part 03: (1:05:19 to 1:17:00) Learn how to reconcile a positive surge in retail sales with a nightmare string of 'record' jobless claims and lousy sentiment reported by the University of Michigan consumer survey. Perhaps pent up demand? Maybe. An unusual, poorly explained seasonal adjustment boost? Maybe too.----------SPONSOR----------But first, this from Eurodollar Enterprises! The motion picture event of the summer: (Con)Tango & Cash. When an international smuggling ring uses the local commodity exchange to send gold into backwardation, two macroeconomists take matters into their own hands... and onto the spot market. Starring Travis 'the President' Kimmel as Contango, "You can take delivery of lead -- punk."  And Steven 'the Monarch' Van Metre as Cash, "You know how I promised to let you close out that trade?" "Yeah man, you did Cash!  You did promise!"  "I lied."With Grant Williams as the polite British guy, “Well chaps, you put the mockers on, didn’t you?”  This motion picture will never be rated. Available only on-demand at Real Vision.----------WHERE----------Vurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgBreaker: https://bit.ly/2CpHAFOCastbox: https://bit.ly/3fJR5xQPodbean: https://bit.ly/2QpaDghStitcher: https://bit.ly/2C1M1GBPlayerFM: https://bit.ly/3piLtjVPodchaser: https://bit.ly/3oFCrwNPocketCast: https://pca.st/encarkdtSoundCloud: https://bit.ly/3l0yFfKListenNotes: https://bit.ly/38xY7pbAmazonMusic: https://amzn.to/2UpEk2PPodcastAddict: https://bit.ly/2V39XjrAlhambraTube: https://bit.ly/2Xp3roy----------WHAT----------With YCC About To Come Back Up, A Look At It Down Under: https://bit.ly/3dvApMWAlready Tried: https://bit.ly/2ZwP9CPInsufferable SOFR, Suffering: https://bit.ly/3aAgla2Episode 34 All About SOFR: https://youtu.be/LH1wDUG-dEIReflation Patients, ‘Another’ Six Months: https://bit.ly/3pByiJFBeware, There's Another SLF 'Cliff' Coming At the End of Q1: https://bit.ly/2NdNpMvJohn Dizard's Do not rule out a market panic next month: https://on.ft.com/3pCGaLcForty-Seven Explains Much: https://bit.ly/3azo1teUncle Sam Was Back Having Consumers’ Backs: https://bit.ly/3dsHLAL----------WHO----------Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, celebrates Towel Day on May 25. Art by the King of the North, David Parkins. Podcast intro/outro is "Zombie Raiders" by Wave Saver at Epidemic Sound.