Reverse Repos - Cross All Time Highs @ 1.117 Trillion
FRED:RRPONTSYD
Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations
Nothing to see here, of course.
Unless you are a student of History and well versed in
the prior Financial Crisis of 2004 - 2008.
We identified the issues with respect to RMBS in March of 2004,
published it and waited ~ 13 months for it to unfold.
A year later the Equities Complex began to see large distortions
which resulted in a 10X leverUp by the Fed following the 2008
Crisis.
We are seeing precisely the same patterns today.
Although this will require more time to complete, the trend remains
the same.
A correction, followed by new all time highs, followed by a larger
50%+ correction from higher All Time Highs in 2022.
It should be clear, M2 NEVER SLEEPS :)
Prosperous "Trading" to everyone.
It's a Jungle in here.
Unless you are a student of History and well versed in
the prior Financial Crisis of 2004 - 2008.
We identified the issues with respect to RMBS in March of 2004,
published it and waited ~ 13 months for it to unfold.
A year later the Equities Complex began to see large distortions
which resulted in a 10X leverUp by the Fed following the 2008
Crisis.
We are seeing precisely the same patterns today.
Although this will require more time to complete, the trend remains
the same.
A correction, followed by new all time highs, followed by a larger
50%+ correction from higher All Time Highs in 2022.
It should be clear, M2 NEVER SLEEPS :)
Prosperous "Trading" to everyone.
It's a Jungle in here.