from King World News
Wells Fargo and the repo markets are screaming a liquidity crisis is about to unfold!
Wells Fargo and the Repo Markets: Screaming Signs of a Liquidity Crisis
July 13 (King World News) – Matthew Piepenburg at Matterhorn Asset Management (based in Switzerland): Every market crisis ultimately boils down to a liquidity crisis, namely: Not enough fiat dollars to keep the financial wheels sufficiently greased.
Below, we look at two warning signs from Wells Fargo and the reverse repo market which warn of precisely that: a liquidity crisis.