Loading ...Looks like it’s ahead of schedule. I think he said this would happen in January. This is a premium article on ZH, but the headline says enough. They will have to print like crazy people. He’s got a couple more video’s out that I’ll post.
“What Is Going On With Swap Spreads?”: Goldman Warns All Hell About To Break Loose In Repo
“the supply picture sets up the potential need for significant liquidity intermediation at a time when some balance sheet constraints are likely intensifying”
Here’s his take on the Goldman article.