TDI Podcast: Repo Market Chaos = POMO (#629)

Something doesn’t pass the small test in the overnight lending markets. While the Fed considers it a technical matter – they are now liquefying these markets through Permanent Open Market Operations (POMO) – The first time the Fed has stepped in since 2008.

Heavily shorted stocks reverse.  The Fed drops rates and oil spikes on Middle East tensions.

China talks then walks – an update on the trade talks.


 


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Stocks mentioned in this episode: (EXPR), (CHS), (FRAN), (AMZN), (GPS), (FDX)

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