……to get any sense of reality and truth from the financial media these days. I hate to keep quoting from Uber negative ZH, but this headline alarms me……
Something Snaps: Repo Locking Up Again As Overnight Fed Operation Oversubscribed, Repo Rate Jumps.
I can’t help, but think that there’s something lurking that will suddenly snap, and everyone on one side of the boat will run to get to the other side.