While I usually agree with The Economist, I am tempted to question whether some mix between risk free and more risky corporate credit spreads couldnt alleviate some of the global repo failures we have been seeing recently. Maybe municipals can be a happy medium to maintain liquidity while also creating stabilization. I should ask Eddie Vedder and Dwight Howard; they seem to know everything about everything.
Posted on: Mon, 14 Jul 2014 14:38:13 +0000
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