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Leveraged Wall Street Trade Is Draining Fed's Reverse Repo Facility | Lou Crandall & Joseph Wang

  Рет қаралды 19,055

Blockworks Macro

Blockworks Macro

Күн бұрын

Пікірлер: 29
@BlockworksHQ
@BlockworksHQ 5 ай бұрын
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@alangivre2474
@alangivre2474 5 ай бұрын
When Synder talks about "eurodollar liquidity" THIS is what he is talking about: MMF lending repo to the private sector. This is why liquidity is actually booming and stocks and bitcoin is upwards.
@jackfarley4157
@jackfarley4157 5 ай бұрын
I don't think that's right. I believe MMF lending to private sector discussed in this interview is mostly onshore in the U.S. Eurodollar is by definition offshore. And two hedge fund-ers trading against each other in Greenwich via "the Cayman islands" shouldn't count as Eurodollar, as I hope Jeff would agree. -Jack
@davecorley5514
@davecorley5514 5 ай бұрын
Excellent video, Jack. I’ve learned a lot about money, credit, bonds, repo, reserves, ledgers from your interview with Mr. Wang a year ago. I watched him again on George Gammon’s podcast. Between these two videos I learned a lot more about what “printing” M2 money really means. I’ve tried to couple my understanding with Jeff Snyder’s descriptions of the Euro-dollar system and the separate petro-dollar system. I’d appreciate more videos that unify the hierarchies of US Fed dollar network, the U.S. economy’s USD network, the Euro-dollar network and the petroleum-dollar network. I’m interested in the sources of liquidity in each of these networks, the sinks in each network and the means by which (if any) these networks allow interchange of USD. What would also be helpful is understanding the hierarchical position and operation of the BIS (bank of international settlement) in this uber-network of networks.
@HODIUSDUDE
@HODIUSDUDE 5 ай бұрын
Fascinating discussion. Thanks for doing these deep dives into the Treasury. Not a headline topic, but an important one. A better understanding of the interrelationships allows for more informed investment choices. It's content like this that makes me a subscriber. Thanks.
@GenXstacker
@GenXstacker 5 ай бұрын
Not only are these two informative, but they also have very relaxing voices 😂
@SzymonStas
@SzymonStas 5 ай бұрын
$95 oil by the end of the year. Oil demand is at all time highs and growing. US supply growth from the Permian, 50% of the worlds oil production growth, might be rolling over. Looks like we didn’t drill enough wells in Feb. Whoops.
@k98killer
@k98killer 5 ай бұрын
Speaking of Congress having trouble gathering the willpower to commit to spending more money during record-setting deficits, we all know that the solution they'll eventually arrive at is to try to become Argentina.
@mattanderson6672
@mattanderson6672 5 ай бұрын
Thanks guys
@zizouyoussef7944
@zizouyoussef7944 5 ай бұрын
I love it
@Weetorp
@Weetorp 5 ай бұрын
Good stuff!
@Hectorszenshopedc
@Hectorszenshopedc 5 ай бұрын
happy day Pal 😎
@tonya1604
@tonya1604 5 ай бұрын
Does the Fed Standing Repo Facility provide the Buffer they need for this potential "problem".
@ashanesubasinha8313
@ashanesubasinha8313 5 ай бұрын
It is a good interview. Thanks. Except for one thing. Joseph is so wrong about deficit spending. He doesn't get it. If government doesn't have wasted spending government doesn't need to tax citizens so much! Comparing taxation to borrowing has no meaning. All the high deficit wasteful spending in the world doesn't and didn't produce sustainable growth. He has tp stick to his expertise and stop this nonsense. It is good at least he didn't go on to say long term treasury rates will rise to 6%! How many investors lost money following his advice. Sticking to the area of expertise is the only way all the macro analysts can help others.
@nicholaslandolina
@nicholaslandolina 4 ай бұрын
Finance guys m all with trash equioment and headphones
@jtrealfunny
@jtrealfunny 5 ай бұрын
I just heard the theory that it has been the illegal immigration that has boosted our economy above expectations over the last 2 years or so. That's as good or better than any of the other theories I've heard.
@jacknaneek1681
@jacknaneek1681 5 ай бұрын
It’s the annual 5% of gdp deficits the past four years. These idiots didn’t mention that a single time.
@prolific1518
@prolific1518 5 ай бұрын
Literally debt spending
@jacknaneek1681
@jacknaneek1681 5 ай бұрын
This is all fancy high rising end of sentences talk about central planning and monetizing debt over time. Agenda. Plans.
@BlockworksHQ
@BlockworksHQ 5 ай бұрын
Nope
@jacknaneek1681
@jacknaneek1681 5 ай бұрын
Is this guy asking a question ? Every statement a question?? Every pause a question?? It makes him unlistenable??
@yamomanemjazz
@yamomanemjazz 5 ай бұрын
But this a layman's gig. Kinda appropriate vis the subject matter. That shit works my nerves too Patrician white girl intonations. I go to my buddism and imagine the sound of one hand bitch slapping 😂🎉 Hope u stuck around it was good
@BlockworksHQ
@BlockworksHQ 5 ай бұрын
@jacknaneek1681 what do you mean
@79bull
@79bull 5 ай бұрын
@@BlockworksHQthis confused me also 🤷🏼‍♂️
@shashankrai10
@shashankrai10 5 ай бұрын
Iykyk. Lol. But honestly, that's just how he speaks. I kinda find it cute. Hahaha
@conduit242
@conduit242 5 ай бұрын
@@BlockworksHQI think he’s referring to Lou’s tone…he ends most sentences on a higher note, as if asking a question.
@ficko88
@ficko88 5 ай бұрын
All this FED stuff is just a fugazy. You know what fugazy is?
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