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But we saved everything 🙂.
Jesse Cohen reported that the Federal Reserve has injected $31 billion into the U.S. banking system through overnight repos. This marks the largest liquidity injection since the 2020 Covid crisis and even surpasses the peak injection of the 2000 Dot Com Bubble.
The significant move suggests a response to ongoing pressures within the financial system, stirring discussions about market stability.
The Federal Reserve's unprecedented liquidity action adds to mounting concerns about the resilience of financial markets, resonating with Michael Burry's recent warnings of an impending market crash. These developments follow earlier episodes, such as the Fed's $5.2 billion liquidity injection, underscoring the central bank's evolving approach amid persistent economic uncertainty.