RRP declines suggest plenty of liquidity left for bonds and stocks purchases. Any thought on how/why RRP balances could stabilize/grow again (and vacuum liquidity away)?
I can confirm the signals are just signalling one thing to me: total indecision. Hopium makes the most of these recent rallies tick up - until the bears win and the peaks (ever lower on my complete basket of single indices and even commodities) are trending lower.
All in all it takes one match to light the fire. Which will it be? FOMC, "expectations depressed", a mega cap reducing outlook further or some external factor? Your bet is as good as anyone's.
RRP declines suggest plenty of liquidity left for bonds and stocks purchases. Any thought on how/why RRP balances could stabilize/grow again (and vacuum liquidity away)?
sell offs in fixed income now missing the FED bid so more of a two way market
What an article, I love reading you since I always learn something and that is very valuable. Thanks Bear!
I can confirm the signals are just signalling one thing to me: total indecision. Hopium makes the most of these recent rallies tick up - until the bears win and the peaks (ever lower on my complete basket of single indices and even commodities) are trending lower.
All in all it takes one match to light the fire. Which will it be? FOMC, "expectations depressed", a mega cap reducing outlook further or some external factor? Your bet is as good as anyone's.
Thank you very much!
thanks bear