Total Chaos: NY Fed Cancels Repo Operation Due To "Technical Difficulties"
Are interns manning the NY Fed open market operations desks.
QE4eva is coming. Once the Fed gets religion again, get ready for #bitcoin $20,000.
Caitlin Long 🔑
The #repo market is ground zero for cracks in the financial system, just as it was in 2008. This is 4th such repo market crack (underway for >1yr, and coming to a head). Keep a close eye on this...esp its spillover into money markets & bond markets...