As we’ve seen making headlines recently, reserve banks around the world have been adding liquidity to the market in an effort to stabilize economies. While some listeners will already understand how reserve banks conduct these operations, I figure there will be others who don’t completely grasp what takes place below the surface…
To get clarity on the subject, I kindly asked Kevin Muir to appear on Chat With Traders for a second time and to explain the actions of reserve banks during this market downturn. Because, in my opinion, Kevin has a gift for analyzing and explaining complex subjects in a way which is easy to follow.
Kevin was a derivatives trader for a Canadian bank during the 90’s, and has been an independent trader from 2000 onward. He also writes a brilliant financial newsletter, The MacroTourist, and co-hosts The Market Huddle podcast.
This conversation was recorded immediately after the U.S. close 30th March 2020.
Links and resources mentioned:
- CWT 138: In Search of The Next Great Trade w/ Kevin Muir
- Treasury Securities Operational Details
- The Market Huddle
- TMH 73: Like a Grease Fire w/ Jimmy Jude & Kuppy
- The MacroTourist
- @KevinMuir