JP Morgan: $1.3T rundown in Reverse Repo has been a massive non-QE liquidity boost
The only thing that saved markets pic.twitter.com/br1umuNwAX
— Roberto Rios (@peruvian_bull) November 17, 2023
It’s wild to me how much people can ignore
Bank failures dwarfing 08/09
Swiss Gov sealing records of Credit Suisse failure for 50 years
Commercial Real Estate
Chinese Real Estate/Evergrande and friends
Global Wars
Russian investments to near 0
Rampant Inflation
Handful of stocks carrying the entire market
Buy button shut off
SLABS
CFTC hides swap data
Institutional Ownership and SI % both well over 100 and netted against each other to show everything fine
Push to defund the SEC
National debt skyrocketing
And many many more
Despite all of this market near all time highs and people who are struggling, they still don’t know where to point the finger
h/t KenGriffinsBedpost