Our Wall Street Crybabies Want the Fed to Stop QT

Our Wall Street Crybabies Want the Fed to Stop QT

From wolfstreet.com

What we can loosely call our spoiled-rotten Wall Street crybabies – hedge fund magicians, investment bankers, bond-fund gurus, and what not – that got big and fat off the Fed’s free money, are now whining and crying and fearmongering about the Fed’s QT. For now, they’ve homed in on the Fed’s Overnight Reverse Repurchase agreements (ON RRPs) that were at $2.3 trillion this spring and are now down to $935 billion and will go to near $0, as QT is draining liquidity from the system. And they’re saying the banks – the banks, OMG!!! – or somebody will run out of liquidity if these RRPs are drained further ... (full story)

Who wrote the title of this article ? Christ it’s cringe . Did a 14 year old kid write it ?

Master your mind. Master Trading.

This is an excellent article that explains whats going on with fed repo and bank reserves.

Wall street is getting free bait right now. Enjoy it while it lasts!

Invest in alarm clocks

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