Q&A #187
Are European banks short of US$s causing financial volatility in stocks, Bitcoin, private credit, etc.? Is there something similar to what happened in August 2024 w/Japan carry traders? Is there a way to proxy shadow consumer debt? Do you think we’ll get a surprise this year with BNPL? How useful are global liquidity monitors, given their focus on central banks? Do they overestimate money supply? Euro$#5 appears to be very different from the previous four? What’s going on with longer duration USTs? Does anyone think the Fed will get to zero rates this year? What is slowing central banks down? Is there free cooling for data centers in Greenland? Are private banks safer than traditional banks? Why does the yield curve “need” to steepen? Why can’t long end invert again if Fed won’t move? Where would LT rates be at the current fed funds level?
