Saturday Night Quarterback says (on a Sunday), For the week ahead expect…
Every bond market analyst worth his or her salt is watching for signs of liquidity problems and a ramp-up in volatility in the bond market
Financial markets don’t like falling share prices, but Bear Markets are familiar territory. We’ve seen them before. We know they end. We know, battered ad tattered certainly, we’ll survive. But a liquidity crisis is something different. No one knows how big the damage might be or who will get crushed and who will skate through. And as the subprime mortgage crisis, which became the Global Financial Crisis and then the Global Economic crisis, demonstrates, those effects can be stunningly widespread.
