EPISODE · Dec 24, 2022 · 20 MIN
So much can be called insane right now. This is - by far - the most.
from Eurodollar University · host Jeff Snider
Eurodollar University's Money & Macro AnalysisQuantitative Easing: How Well Does This Tool Work?https://www.stlouisfed.org/publications/regional-economist/third-quarter-2017/quantitative-easing-how-well-does-this-tool-workMore QEs, More Liquidity, and More Economic Downturnhttps://www.realclearmarkets.com/articles/2019/12/13/more_qes_more_liquidity_and_more_economic_downturn_104005.htmlSince When Does the Fed Funds Rate Have Anything To Do With Anything?https://www.realclearmarkets.com/articles/2022/07/15/since_when_does_the_fed_funds_rate_have_anything_to_do_with_anything_842643.htmlA Nonsensical Jumble of Misused Words Requires Discussionhttps://www.realclearmarkets.com/articles/2020/12/11/a_nonsensical_jumble_of_misused_words_requires_discussion_652824.htmlTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityhttps://www.marketsinsiderpro.comhttps://www.PortfolioShield.netRealClearMarkets Essays: https://bit.ly/38tL5a7THE EPISODESYouTube: https://bit.ly/310yisLVurbl: 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/3e2Z48MReason: https://bit.ly/3lt5NiHSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3QgCastbox: 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/2V39XjrPodcastRepublic:https://bit.ly/3LH8JlVDISCLOSURESJeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.
What this episode covers
I had to double check and make sure it wasn't a typo. Demand for bills is now literally (OK, figuratively) insane. But why? Supply issues are back and that's part of it, but more than anything it is how the multi-trillion collateral system really works - or in this case doesn't. Multipliers, reuse rates, and the rabbit hole of securities lending.
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So much can be called insane right now. This is - by far - the most.
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