Eurodollar University cover image

Dollar funding crisis reaches...Switzerland. This isn't (just) Credit Suisse, though.

Eurodollar University

00:00

Euro Dollar Funding Problems - What's Going On?

It's a global dollar problem that is escalating. We had the first series of rumbles back in March, oil price shock,. We had a second massive liquidations that wiped out a lot starting in June into July. And then as I said, last couple of weeks, major warnings, it looked like there was another a third deflationary wave building. That the Swiss National Bank auctions accelerating to now $6.3 billion shows rapid external tightening. This is not rate hikes. There's something else going on here.

Play episode from 07:10
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app