Can The Fed Keep Raising Rates Amidst A Banking Crisis? | Michael Howell
Inflection Point
00:00
Is the Market Going to Be Liquidity Positive From Here?
The price of Bitcoin has been in free fall post FOMC, down about 4.5 somewhat percent. We're already starting to see overt injections over with the PBRC in China, more covert injections here in the U.S., and that it's going to be liquidity positive from here. Bank funding is dried up; we're seeing this effects of an inverted yield curve. So how do you expect the Fed's balance sheet to increase in absence of the those programs that rely on banks needing capital? Michael Bociurki: In terms of how we see the world and how we operate, liquidity is a driving factor.
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