California Is Going to Drop a Liquidity Bomb on The Stock Market July 23, 2023 7:04 amJuly 21, 2023 3:57 pm
Liquidity Fairy Alert! Bank Term Funding Program usage rose this week ($102.927B vs $102.305B on 7/12), marking the 7th straight week over $100B. It’s looking more and more like there’s an over-reliance on Fed Funding. I believe this be a moral hazard. July 20, 2023 10:21 pm
$SPX decouples from global liquidity proxy for first time since pre-2020 rally…The shock will be extreme July 21, 2023 7:27 amJuly 19, 2023 9:39 pm
Alarm! The Global Credit Correction Is Here! US Gross Domestic Income Shrinking Awfully Fast As Liquidity Evaporates July 16, 2023 7:58 pm
Pre-FOMC silent period with 96% chance of July rate hike, peak earnings, and lowest liquidity. This impending global asset meltdown and attendant bailout failure is now at level ’11’ biblical risk. July 16, 2023 6:13 pmJuly 14, 2023 9:32 pm
Liquidity Fairy Alert! Bank Term Funding Program usage rose this week ($102.305B vs $101.959B on 7/5), marking the 6th straight week over $100B. It’s looking more and more like there’s an over-reliance on Fed Funding. Could this be a moral hazard? July 13, 2023 10:34 pm
Fed plans to start dramatically reducing BTFP & OCE liquidity, causing the banking crisis in September; Fed’s Bullard stepping down in August July 13, 2023 9:38 pm
Printin’ The Night Away! US Treasury Yield Curve (10Y-2Y) Still Inverted, But Less So At -86.616 Basis Points (Return Of Liquidity) July 10, 2023 4:01 pm
China rapid change of mind! Defend the #RMB!! PBOC has DRAINED >1tn RMB liquidity this past week July 10, 2023 10:04 am
How long before more Fed “panic liquidity support” needs to be pumped into banks who made wrong-way bets on bonds & CRE? July 7, 2023 10:16 am
US Mortgage Purchase Demand Down -42.3% Under Bidenomics, Mortgage Refi Demand Down -91%, Mortgage Rates UP 131% (As Liquidity Dries Up) July 6, 2023 4:06 pm
Banks would lose $541 billion in ‘hard landing’ contingency… Most investors believe there will be no recession in 2023… Retail has been wonderful exit liquidity for big players. July 3, 2023 3:22 pm
Survey shows hedge funds tightening nonprice terms due to liquidity issues. June 23, 2023 10:33 pmJune 22, 2023 9:03 pm
The Fed “pause” last week has led to a 77% probability of rate hike in July. On the fiscal side, things are even more dire as the Treasury is issuing massive amounts of new debt which will only implode liquidity further going into the low liquidity summer months June 20, 2023 10:15 pm
Something is broken? Its not just the Fed… World Central Banks starting to add liquidity; Corporate Insiders are selling heavily into the stock market rally over the last 2 months June 20, 2023 2:49 pm
Swiss National Bank, in guessing, provides liquidity “for purpose” for Credit Suisse’s toxic positions…from my vantage/assessment, “infinite liquidity” would be a closer approximation. June 20, 2023 9:43 am
Apollo Global Management chief economist Torsten Slok: “Since SVB collapsed, the Fed has been adding liquidity, and the S&P 500 is up more than 10%. The high correlation between Fed net QE and the S&P 500 seen in the chart below suggests that Fed liquidity is a crucial driver of the stock market,” June 19, 2023 8:55 pmJune 19, 2023 9:36 am
Federal Reserve continues to be forced to inject massive liquidity in banks… It’s a full-blown crisis June 8, 2023 8:32 am
As liquidity dries up, banks are becoming less interested in lending to each other. June 6, 2023 6:50 pmJune 6, 2023 9:05 am
‘Powell QT in full force, TGA liquidity drain,stronger $$, higher rate indirectly drain the liquidity…’ June 4, 2023 9:06 pm
Republican surrender and the US treasury is about to unleash a tsunami of new bonds, draining liquidity. June 4, 2023 6:42 amJune 4, 2023 1:19 am
$qqq to $iwm ratio never higher… ‘Bye bye liquidity… right when everyone is max bullish and on vacation’…. ‘Getting out, there will be no one on the other side of the trade.’ June 2, 2023 7:44 pm