Oct 25, 2019
First, we begin with the Feds repo operations because they just added $134 billion in liquidity through various funding markets and operations. Next, we look at the S&P global ratings warning about the banking system in India after concerns arise about non-bank Lenders exposure. We review the IHS Markit Flash PMI and see that employment has fallen to the worst levels since 2009 and durable goods orders are also declining. let's get started.
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