HOLY SH*T: SURGE in Repo Fails + Swap Spreads Plunging

Repo fails jumped by 50% in the latest weekly data, which just so happens to be the same week swap spreads plunged to record lows. It was also when the US economy, at least its labor data, took a turn for the worse. Understanding the connections between all these money and macro indications is critical. Eurodollar University's Money & Macro AnalysisFinancial Times New York Fed examines banks’ role in money market turmoilhttps://www.ft.com/content/83a5bb70-dbca-11e9-8f9b-77216ebe1f17FOMC Chair Powell Press Conference Transcript October 2019https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20191030.pdfhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Om Podcasten

Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.