It is stunning how after more than three months, the analysis on the repo market is still nowhere close to reality. I believe that those in the trenches are, like me, afraid to really …………………..
Could the Fed Ever Exit the Repo Market?
Manchmal frage ich mich, ob die Welt von klugen Menschen regiert wird, die uns zum Narren halten, oder von Schwachköpfen, die es ernst meinen.
— Mark Twain