- George Gammon
Repo market insanity — EXPLAINED SIMPLY SO YOU CAN UNDERSTAND! — The recent activity in the repo market has shocked even the most diehard fed critics, including me! They committed to providing 1.5 TRILLION (which could be weekly) to the repo market to add liquidity. The fed also cited “disruptions” in treasury markets. These “disruptions” haven’t been seen since Lehman collapsed in 2008. And remember when the Fed first started to intervene in the repo market they said it was simply a “glitch” in the system. It was all a result of a one time anomaly in the repo market we’ll never see again. Fast forward to today and they’re doing 175 billion a night, plus TRILLIONS in term repo market operations. You just can’t make this stuff up. But don’t worry if you’re not understanding everything that’s going on in the repo market, I explain in 3 simple fast steps! If you’re interested in the future of the economy THIS IS A MUST SEE VIDEO! In this repo market recap explanation video I discuss the following:
1. The shocking numbers from last Fed statement.
2. What exactly is the problem in the repo market??
3. How the solution for the repo market will actually make matters worse.