Money>Fiat
Here are 5 things to know about the recent repo market operations
Chaos in short-term funding markets this week led the Federal Reserve to step in with a series of overnight rescue operations to help keep credit flowing through the financial system. Here are five things to know about gyrations in overnight lending rates, which several times in the past week spiked to almost 10%. The strain…
Read More‘One of the most important charts about the economy this century’ — and what it means for market volatility
‘The modern equivalent of Bread and Circuses to sate the masses’ To those pinning the recent spikes in stock-market volatility on inflation and, specifically, higher wages, Barry Ritholtz of Ritholtz Wealth Management wants you to take a close look at this chart: As Ritholtz points out, the two big outliers to the upside are health…
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