I would write something snarky about bank reserves, but why bother at this point? It’s already been said. If Jay Powell doesn’t mention collateral, no one else does even though it’s the whole ballgame right now. Note: FRBNY’s updated figures shown below are for last week.
No Further Comment Necessary At This Point
By Jeffrey P. Snider|2020-03-26T17:58:36-04:00March 26th, 2020|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|
About the Author: Jeffrey P. Snider
Give us a call at 1-888-777-0970 or via email at info@alhambrapartners.com to discuss how his unique approach informs our investment decisions. We'd be happy to discuss our investment strategies and provide a complimentary portfolio review.
Stay In Touch