U.S. liquidity runs dangerously low: banks could be forced to tap Fed repo facility as cash evaporates; Blow-off top signals by Prominent Financial Strategists
Less than 14bn$ of “cash on the sidelines” are left in the US. When this hits zero banks will start to borrow liquidity regularly from the FED REPO facility because there isn’t much left in the open market. The FED REPO is capped at 500bn$, let’s see how fast we will get there.. pic.twitter.com/ATLxRAzygT — …