Skies are this is the kaiser report so much so many. Yes. You know i notice that its basically crash season upon us and you could tell that because how dark it is outside all the time in the morning late into the morning that it stays dark and everything on the surface seems a ok but under the surface theres some sort of turmoil brewing in the Financial Markets in oh weve been looking at this repo situation and you know something apparently like at least one bank survives going under in the past week or 2 according to nick. But heres an interesting interpretation as well from Rick Ackerman at Rick Ackerman dot com hes a former market maker and a financial journalist and he says repo rumpus foreshadows a short squeeze on the dollar the feds so far 128000000000 dollar intervention in the repo market slipped off the wall street journals front page thursday evening hardly a concern dont be surprised if years from now the squeeze on short term borrowers that cause this flurry of excitement
There this is the kaiser report we get into it like you probably are used to so if youre not used to it get ready stacey hey max well you know what we have a topic today that is right in your court and that is i know you used to be an options trader on wall street so we have some stories from the Options Market and the topsy turvy world where the black in shoals formula was supposed to get rid of risk it was supposed to help separate risk and reward this paper was published in 1983 the black initials options formula and negative rates are rewriting the rules of modern finance negative Interest Rates have quite literally broken one of the pillars of modern finance as a columnist and central bankers weigh the pros and cons of sub 0 rates and their impact on the world traders have been contending with a rather more mundane fundamental issue how to price risk on trillions of dollars of Financial Instruments like Interest Rate swaps when their complex mathematical models simply dont work. R
As a report so much so many things that. Yes you know i notice that its basically crash season upon us and you could tell that because how dark it is outside all the time in the morning late into the morning that it stays dark and everything on the surface seems a ok but under the surface theres some sort of turmoil brewing in the Financial Markets in oh weve been looking at this repo situation and you know something apparently like at least one bank survived going under in the past week or 2 according to nick. But heres an interesting interpretation as well from Rick Ackerman at Rick Ackerman dot com hes a former market maker and financial journalist and he says repo rumpus foreshadows a short squeeze on the dollar the feds so far 128000000000 dollar intervention in the repo market slipped off the wall street journals front page thursday evening hardly a concern dont be surprised if years from now the squeeze on short term borrowers that cause this flurry of excitement is recall as an
A short squeeze on the dollar in this way but you know rick is probably correct and you know the its just a corpse basically and they they cant keep it animated weve had so much money printing we have negative rates we have all these things to keep the system alive and most people feel like really great about the economy jobs are booming wages are rising house prices are booming everything is ok we also felt like that in 20062007 when we were reporting in the Financial News at that time we did you know i remember you going on france 24 when in january of 2007 there was a flash crash in the chinese stock markets it went down Something Like 1520 percent in one day and everybody around the world including wall street they were all like what is going on so they were like crazy movements leading up to the financial crash of 2008 and. This is before they begin to paper over really violence will he and aggressively but so here were looking at. Similar movements this could be something or it c
Is continuing to collapse and on the surface this is not reported because its too hard to speak of the fact they credit markets reach such a state of disrepair disrepair that its. Causing a run on the dollar and a short squeeze on the dollar in this way but you know rick is probably correct and you know the its just a corpse basically and they they cant keep it animated weve had so much money printing we have negative rates we have all these things to keep the system alive and most people feel like really great about the economy jobs are booming wages are rising house prices are booming everything is ok we also felt like that in 20062007 when we were reporting in the Financial News at that time we did you know i remember you going on france 24 when enjoy. A new wave of 2007 there was a flash crash in the chinese stock market so went down Something Like 1520 percent in one day and everybody around the world including wall street they were all like what is going on so there were like cra