Financial Times/Eric Platt, Joe Rennison and Kate Duguid/6-6-2022
“Liquidity across US markets is now at its worst level since the early days of the pandemic in 2020, according to investors and big US banks who say money managers are struggling to execute trades without affecting prices.”
USAGOLD note: For major players, it sounds like there’s nowhere to run, no place to hide. We recall similar circumstance in March 2020 – invoking a massive liquidity bailout from the Fed of $1.5 trillion in short-term credit.
