We can bet that there will be a recession before 2024. The reverse repo agreements of the Fed surges to all-time highs in 2021, with those financial firms parking more than $ 1 trillion in funds at the Fed since August. Isn't that related to Evergrande's failure? The first signs began right towards May/June. Evergrande has not paid interest on maturing dollar bonds and, probably, someone was forced to sell the family silverware or government bonds to create liquidity, strictly in dollars. I make a random name: China?
IMPORTANT:
Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
Always make your analysis of your own before your trade.
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Please remind yourself that this is just my personal view on the market. My analysis should NOT serve as any recommendation to buy or to sell.
Always make your analysis of your own before your trade.
If you find useful my analysis, please hit the LIKE button and follow me.