Houston, we still have a repo problem. Here's why to expect more volatility. - Business Insider

The repo market crashed on September 17. Speculation has swirled as to exactly what set it off and why it spun so quickly out of control.

Everyone knows there is a problem, but no one has a handle on what exactly it is – let alone how to fix it. At a recent symposium, four panels discussed potential causes of the repo flash crash and its implications for year-end. Expect more volatility.As most readers know, the repo market crashed on September 17. Ever since, speculation has swirled as to exactly what set it off and why it spun so quickly out of control. Answers to date have failed to get to the heart of the matter.

The main thrust of the symposium was that few – if any – have a clear idea of how money markets, QE, and regulation interact with each other in today's world. The symposium highlighted issues facing markets, but the big takeaway was to expect more volatility. Over a 30-year career as a sell side analyst, John Tierney covered the structured finance and credit markets before serving as a corporate market strategist. In recent years, he has moved into a global strategist role. Read this story

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Next stock market crash: Options warn of high-volatility event ahead - Business Insider'It's a very unusual time': The stock market just triggered a flurry of under-the-radar signals that have experts worried a painful meltdown could soon strike
Source: BusinessInsider - 🏆 729. / 51 Read more »

Meet ScootScoop the e-scooter repo-men fighting Bird, Lime, Uber - Business InsiderHow do an international repo-man and a bike shop owner end up in business together? A common enemy. In this case: electric scooters.
Source: BusinessInsider - 🏆 729. / 51 Read more »

One of these 16 finalists will become Business Insider's 2019 Car of the YearBrands represented this year are Audi, BMW, Cadillac, Ford, Honda, Lamborghini, Mazda, Mercedes-Benz, Nissan, Porsche, RAM, Subaru, and Toyota.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook is quietly setting the stage for an unprecedented new chapter in its business - Business InsiderFacebook is quietly setting the stage for an unprecedented new chapter in its business ...not being a platform for white supremicists and elitists? After The Great Hack which hack is to follow?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Sentry changed to BSL because Amazon is a 'huge business liability' - Business InsiderSentry CEO David Cramer explains why his company changed its open source licenses to the Business Source License, which was created by Cockroach Labs.
Source: BusinessInsider - 🏆 729. / 51 Read more »