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X @Raoul Pal
Raoul Palยท 2025-11-16 15:46
I think this week the Feds hand will be forced to tweak the plumbing to avoid a month end and year end funding crisis.Crypto is currently trading like a stressed funding vehicle reflecting the broken plumbing, while stocks are cushioned by buybacks and performance chasing for now,but risk a repeat of 2018/19 if not solved immediately.It's clear the Fed are concerned, hence the meeting with the banks and NY Fed to understand why the SRF isn't being tapped enough to resolve this. The fear from markets and the ...