Ruckus Premium? (Quarter End)
Following up on Libor Squeeze?, Libor and Reserves?, Reserves, RRP and The Libor Squeeze?, A SOFR Squeeze? and What The Ruck? (Liquidity)...
... concomitant with June 21st peaking and since NAS decline 5%, and overall market liquidation (gotta pay the piper somehow).
Like the hand writing on the wall said on June 19th, 2 days before quad witching...
Know where the mark is going ahead of time, never chase, wait patiently, when they walk into the crosshairs, squeeze the trigger firmly and terminate with extreme prejudice.
Elephant tracks indeed, and timing is everything. Again, thank you for not spoon feeding, and making me learn the hard way.
Spaniard AKA TNN (The Nattering Naybob)
"The most important date this year will most likely be July 18, the 5th seasonal inflection point.... Judging from the last time China was in this much economic trouble, in August 2015, China devalued the Renminbi, the official currency of the People's Republic of China, by c. 4.4 percent, in 3 days, the biggest drop in decades.
Then U.S. stocks subsequently fell by 1613.28 DJIA points. That’s back when monetary flows, the proxy for inflation, fell, between January 2013 and December 2015, for the same interval, fell by 80 percent. From January to June so far this year, money flows have now fallen by 35 percent. This time around will be worse." - Salmo TruttaProximo, sage observations and since June 14th (tea leaves), a CNY/USD decline of 3.4%...
... concomitant with June 21st peaking and since NAS decline 5%, and overall market liquidation (gotta pay the piper somehow).
Like the hand writing on the wall said on June 19th, 2 days before quad witching...
Proximo - looks like the "ruck" for "dollars" and turn premium is on, bond yields across tenure, DXY reflective, Asia leading the way. They're going to need this.... [a bigger boat?] Spaniard (aka TNN) - Nattering at SAand related to this...
Repo allows banks to deflate balance sheets at reporting time, hence the window dressing, underestimated leverage ratio, diminished prudential usefulness for such, and the Q End ruck for liquidity. - Comment from Reserves, RRP and Libor Squeeze?The prescience of your (Salmo's) axiomatic observations will pay those who took the time to understand, and connect the dots, even greater dividend later this year.
Know where the mark is going ahead of time, never chase, wait patiently, when they walk into the crosshairs, squeeze the trigger firmly and terminate with extreme prejudice.
Elephant tracks indeed, and timing is everything. Again, thank you for not spoon feeding, and making me learn the hard way.
Spaniard AKA TNN (The Nattering Naybob)
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