BIG idea: banks are invested in ETFs, then hedging these positions by shorting - all to protect the value of their bonds. Read below for full development. To start - I don't pretend I'm an expert with 40 years in... Continue Reading →
Sorry - stealing from George Gammon here. He was the one who got me started on a lot of this when I was looking up the repo issue in late 2019. That dude terrifies me. "I will tell you how... Continue Reading →
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