Fed Minutes, Repo Rates, and Taxes, Oh My!.mp4
It's been an interesting couple of days in the markets. We had Corporate tax day on Monday (which means I worked all weekend), repo rates going crazy (related? Maybe!), and then the Fed coming out today saying they are cutting rates again.
But this is just a mid-cycle adjustment!
Oh, and they are going to start printing more money again "soon."
Only time will tell if this is the peak moment, but it's sure looking not-so-good out there.
▶️ 3Speak
I think the world economy is currently a disaster. Many say that he will not recover and that it will be worse, but we must go on the side of the optimists, think that he can recover someday.
Great video, another sign that the system is about to crack...it's going to get ugly soon.