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gamesblazer06

All these $CS Archegos Cassandras and gazillion headlines and barely 70bps hit to CET1... Ends 1Q21 at 12.2% CET1.. will go to 13% again soon post MTN raise on April

In fairness he was right... 15% Unemployment & -31% GDP, Payment Activity was -50% YoY on Cards w T&E down 90% YoY (still bad).. & the Fin System would have

Brian Moynihan talked about this today on $BAC call.. Customer inventories are gonna hit lean levels (already are) & are building to meet sales growth vs just generating cash.. working

SLRs were never set up 2 accommodate QE infinity or Deposits & $XLF Cash to $3T w Fed Sheet up to $7Trillion. $XLF safer but SLR as tangible leverage

GC Repo 2.15% > IOER 1.80%FHLB overnight 1.97% #FundingSecured $TLT I thought it was fixed? #ICAP @MacroMorning $JPM + $BAC still hung with > $1/2 Trillion Fed Funds Sold/RevRepo Loans