Tesla Slumps, Shipping Woes, and Leon's Real Estate Leap
The Canadian Investor
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Press Conference Critique and Repo Market
This chapter analyzes a recent press conference held by the Bank of Canada, highlighting the lack of depth in reporters' questions and the absence of inquiries regarding the Bank's injection of $10 billion into the repo market. It explains the concept of the repo market using a simplified comparison to a pawn shop transaction and discusses the implications of liquidity shortage in the market for interest rates.
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