Bazooka Backfires: Stocks Tumble, FRA/OIS Soars After Fed's Massive Repo Operation Fails To Fix Liquidity Crisis

Source: https://www.zerohedge.com/markets/stocks-tumble-after-feds-massive-repo-operation-sees-tiny-uptake-sparking-selloff
Published: Mar 12, 2020
Author: Tyler Durden
Post Date: 2020-03-12 19:27:32 by Horse
Views: 379

Maybe the Fed's repo bazooka was just a water pistol?


Poster Comment:

Minsky Moment? Five stages. A Minsky moment is a sudden, major collapse of asset values which marks the end of the growth phase of a cycle in credit markets or business activity;

Hyman Minsky. When they sell the good stuff to pay for the bad stuff.

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#1: BTP Holdings    To: Horse (#0)

When they sell the good stuff to pay for the bad stuff.

Yes I've seen that happen before. ;)

BTP Holdings posted on 2020-03-12 19:41:22   Reply   Private Reply