The global bond market lost another $550bn only this week. Total bond losses over the past 5 weeks now sum up to $2.4tn. All gains of 2023 are wiped out, meanwhile interest rates are still on the rise. Lag of liquidity and stress in the global financial system will be hitting us soon.
Data: https://twitter.com/BVMWNRW/status/1632299640233029632?t=G4ooDV0rbV7PF7bqxwY1mg&s=19
Have you heard anything about liquidity problems at Credit Suisse over this weekend?
Just what came out on thursday. It's silent since then.something brewing...
https://www.reuters.com/business/finance/credit-suisse-investor-loses-faith-management-over-cash-outflows-2023-02-10/
Do you ever watch this guy? This video talks about it:
https://www.youtube.com/watch?v=57Xl2CDFmoA&t=529s
Yeah thanks. Steven vM provides top content. Like Macrovoices which I highly recommend too.
I'll check that channel out. Thanks
It's this one
https://youtube.com/@macrovoices7508
It's all good they have been stress testing banks regularly since 2008. We can handle this. But might not be much of a bull market for a while but let's see.
But what happens when there is a massive loss of confidence? Debt levels are shooting...
It won't happen