Sell to who?
this is by far the hardest question for two reasons:
1. Open equity Euroarea funds w cross currency vulnerabilities
3. European banks w USD funding vulnerabilities
this is by far the hardest question for two reasons:
1. Open equity Euroarea funds w cross currency vulnerabilities
3. European banks w USD funding vulnerabilities
Firesales of US (AI) equity - prices down, crossborder contagion to European equities, currency mismatches (investing in USD equity, redemption in Euros that would hit hard if USD falls)
Firesales of US (AI) equity - prices down, crossborder contagion to European equities, currency mismatches (investing in USD equity, redemption in Euros that would hit hard if USD falls)
www.resetera.com/threads/14...
but Europe doesnt need to sell everyting. A very small fraction could trigger firesales, margin calls, liquidity and haircut spirals - remember 2008/2020 run on repos, now w bigger repo markets?
www.ft.com/content/220d...
but Europe doesnt need to sell everyting. A very small fraction could trigger firesales, margin calls, liquidity and haircut spirals - remember 2008/2020 run on repos, now w bigger repo markets?
www.ft.com/content/220d...
So much destruction
🔥 The greatest firesale in the history of firesales … in the history of history … in the history of the world.
www.wilderness.org/articles/med...
🔥 The greatest firesale in the history of firesales … in the history of history … in the history of the world.
www.wilderness.org/articles/med...
Time to #ChangeTheGovt -
💚🖤❤️☑️
Time to #ChangeTheGovt -
💚🖤❤️☑️
But when doing firesales, when drifting off of current events the market has anxiety about...
But when doing firesales, when drifting off of current events the market has anxiety about...
blog.playstation.com/2026/07/01/a...