🇧🇪🇺🇦🇪🇺 Belgian PM sets conditions for Ukraine's "reparation loan"
▪️EU must ensure "full mutual risk-sharing"
▪️Belgium may receive guarantees of "liquidity and risk protection"
▪️Costs must be shared proportionally among EU member states
▪️EU must ensure "full mutual risk-sharing"
▪️Belgium may receive guarantees of "liquidity and risk protection"
▪️Costs must be shared proportionally among EU member states
December 4, 2025 at 8:56 PM
🇧🇪🇺🇦🇪🇺 Belgian PM sets conditions for Ukraine's "reparation loan"
▪️EU must ensure "full mutual risk-sharing"
▪️Belgium may receive guarantees of "liquidity and risk protection"
▪️Costs must be shared proportionally among EU member states
▪️EU must ensure "full mutual risk-sharing"
▪️Belgium may receive guarantees of "liquidity and risk protection"
▪️Costs must be shared proportionally among EU member states
I’ve seen risk on/risk off, liquidity on/liquidity off, but now get to see USA on/USA off. New things are fun!
April 25, 2025 at 5:53 PM
I’ve seen risk on/risk off, liquidity on/liquidity off, but now get to see USA on/USA off. New things are fun!
it's not a rational assessment of the President's credibility, it's a function of risk aversion and portfolio constraints (specifically, an inability to stomach large losses and to a lesser extent light liquidity across all these markets)
March 24, 2026 at 8:35 PM
it's not a rational assessment of the President's credibility, it's a function of risk aversion and portfolio constraints (specifically, an inability to stomach large losses and to a lesser extent light liquidity across all these markets)
MORGAN STANLEY: “.. we think it's important to see clearer trade de-escalation from both sides, stability in EPS revisions, and more ample liquidity before declaring the all-clear on the risk of a further near-term correction.” [Wilson]
October 20, 2025 at 11:35 AM
MORGAN STANLEY: “.. we think it's important to see clearer trade de-escalation from both sides, stability in EPS revisions, and more ample liquidity before declaring the all-clear on the risk of a further near-term correction.” [Wilson]
‘It’s a trend now impossible to ignore. In sum, liquidity is getting unequivocally squeezed, and rates are becoming more restrictive, posing an increasingly formidable headwind for stocks and other risk assets.’ www.bloomberg.com/news/article...
June 18, 2026 at 2:20 PM
‘It’s a trend now impossible to ignore. In sum, liquidity is getting unequivocally squeezed, and rates are becoming more restrictive, posing an increasingly formidable headwind for stocks and other risk assets.’ www.bloomberg.com/news/article...
tl;dr — is this correct?
1) Post 2008, hedge funds are the source of market liquidity
2) Hedge funds have to unwind their positions/mitigate risk quickly when things go badly; "badly" includes periods of high volatility
4) Trump = volatility = no way to escape a liquidity crisis
1) Post 2008, hedge funds are the source of market liquidity
2) Hedge funds have to unwind their positions/mitigate risk quickly when things go badly; "badly" includes periods of high volatility
4) Trump = volatility = no way to escape a liquidity crisis
April 10, 2025 at 2:25 PM
tl;dr — is this correct?
1) Post 2008, hedge funds are the source of market liquidity
2) Hedge funds have to unwind their positions/mitigate risk quickly when things go badly; "badly" includes periods of high volatility
4) Trump = volatility = no way to escape a liquidity crisis
1) Post 2008, hedge funds are the source of market liquidity
2) Hedge funds have to unwind their positions/mitigate risk quickly when things go badly; "badly" includes periods of high volatility
4) Trump = volatility = no way to escape a liquidity crisis
FEDWATCH: “.. The scars of the 2007-08 subprime crisis linger when suspicion of which bank was next was high.”
Private-credit funds “may have to raise liquidity .. sometimes at a discount. .. For $OWL, this is where the pressure point is and why the mark-to-market risk .. is reflected ..”
Private-credit funds “may have to raise liquidity .. sometimes at a discount. .. For $OWL, this is where the pressure point is and why the mark-to-market risk .. is reflected ..”
November 20, 2025 at 9:37 PM
FEDWATCH: “.. The scars of the 2007-08 subprime crisis linger when suspicion of which bank was next was high.”
Private-credit funds “may have to raise liquidity .. sometimes at a discount. .. For $OWL, this is where the pressure point is and why the mark-to-market risk .. is reflected ..”
Private-credit funds “may have to raise liquidity .. sometimes at a discount. .. For $OWL, this is where the pressure point is and why the mark-to-market risk .. is reflected ..”
More warnings of economic collapse risks in Russia.
Kremlin-affiliated economic analysts warned of the following risks in 2026:
🔴Economic recession: HIGH
🔴System liquidity risk due to depositor flight: HIGH
🟡Systemic banking crisis: MEDIUM
Expect a big mess next year.
Kremlin-affiliated economic analysts warned of the following risks in 2026:
🔴Economic recession: HIGH
🔴System liquidity risk due to depositor flight: HIGH
🟡Systemic banking crisis: MEDIUM
Expect a big mess next year.
December 6, 2025 at 8:32 AM
More warnings of economic collapse risks in Russia.
Kremlin-affiliated economic analysts warned of the following risks in 2026:
🔴Economic recession: HIGH
🔴System liquidity risk due to depositor flight: HIGH
🟡Systemic banking crisis: MEDIUM
Expect a big mess next year.
Kremlin-affiliated economic analysts warned of the following risks in 2026:
🔴Economic recession: HIGH
🔴System liquidity risk due to depositor flight: HIGH
🟡Systemic banking crisis: MEDIUM
Expect a big mess next year.
This is a very utilitarian comparison that ignores plenty of real-world considerations around risk, prestige, and liquidity.
February 25, 2025 at 6:03 PM
This is a very utilitarian comparison that ignores plenty of real-world considerations around risk, prestige, and liquidity.
🚨The Russian Central Bank is warning that people are withdrawing much more money than expected from banks.
And as money is drained, a liquidity crisis is looming which may risk the stability of the entire Russian banking sector.
Money printer may start going brrrrr soon 👀
And as money is drained, a liquidity crisis is looming which may risk the stability of the entire Russian banking sector.
Money printer may start going brrrrr soon 👀
May 14, 2026 at 6:07 AM
🚨The Russian Central Bank is warning that people are withdrawing much more money than expected from banks.
And as money is drained, a liquidity crisis is looming which may risk the stability of the entire Russian banking sector.
Money printer may start going brrrrr soon 👀
And as money is drained, a liquidity crisis is looming which may risk the stability of the entire Russian banking sector.
Money printer may start going brrrrr soon 👀
Commonwealth Bank :
Maximise profit for shareholders, and minimise the risk with an Australian Govt backed Committed Liquidity Facility…between 2015 & 2022.
We took the risk, they took the profit.
Now that’s a good gig .. 😳🙄
#auspol
Maximise profit for shareholders, and minimise the risk with an Australian Govt backed Committed Liquidity Facility…between 2015 & 2022.
We took the risk, they took the profit.
Now that’s a good gig .. 😳🙄
#auspol
Commbank is the most highly valued bank in the world (ASX share price) - but they never talk abt the bail-out ffff ... sorry, Committed Liquidity Facility
maybe a govt premium in the share price?
#auspol
youtu.be/08Tplv1yf4g?...
maybe a govt premium in the share price?
#auspol
youtu.be/08Tplv1yf4g?...
Behind Commonwealth Bank’s stunning profit | The West Report Live
YouTube video by The West Report
youtu.be
February 14, 2025 at 1:36 AM
Commonwealth Bank :
Maximise profit for shareholders, and minimise the risk with an Australian Govt backed Committed Liquidity Facility…between 2015 & 2022.
We took the risk, they took the profit.
Now that’s a good gig .. 😳🙄
#auspol
Maximise profit for shareholders, and minimise the risk with an Australian Govt backed Committed Liquidity Facility…between 2015 & 2022.
We took the risk, they took the profit.
Now that’s a good gig .. 😳🙄
#auspol
AMM-based liquidity infrastructure: pools, pricing formulas and risk-aware design for decentralized trading. Educational, not investment advice.
🌐 www.ephraix.com/services/mar...
📞+91 78680 52021 |📩 business@ephraix.com |📲 Telegram: t.me/ephraix
#Ephraix #DeFi
🌐 www.ephraix.com/services/mar...
📞+91 78680 52021 |📩 business@ephraix.com |📲 Telegram: t.me/ephraix
#Ephraix #DeFi
October 2, 2026 at 1:23 PM
AMM-based liquidity infrastructure: pools, pricing formulas and risk-aware design for decentralized trading. Educational, not investment advice.
🌐 www.ephraix.com/services/mar...
📞+91 78680 52021 |📩 business@ephraix.com |📲 Telegram: t.me/ephraix
#Ephraix #DeFi
🌐 www.ephraix.com/services/mar...
📞+91 78680 52021 |📩 business@ephraix.com |📲 Telegram: t.me/ephraix
#Ephraix #DeFi
Cyberattack triggers liquidity risk in Japan
October 2, 2025 at 9:58 AM
Cyberattack triggers liquidity risk in Japan
‘Hedge funds present a significant risk for Treasury liquidity if they step further back from the basis trade as its profitability declines and yield volatility rises. Buybacks are unlikely to be the last measure we see to try to maintain smooth functioning.’ blinks.bloomberg.com/news/stories...
September 17, 2026 at 6:34 PM
‘Hedge funds present a significant risk for Treasury liquidity if they step further back from the basis trade as its profitability declines and yield volatility rises. Buybacks are unlikely to be the last measure we see to try to maintain smooth functioning.’ blinks.bloomberg.com/news/stories...
‘For the last the two to three months there has been a persistent decline in liquidity conditions. It operates with about three to six month lead, thus we are in the period where we’d expect to see it affect risk assets.‘ blinks.bloomberg.com/news/stories...
September 1, 2026 at 5:07 PM
‘For the last the two to three months there has been a persistent decline in liquidity conditions. It operates with about three to six month lead, thus we are in the period where we’d expect to see it affect risk assets.‘ blinks.bloomberg.com/news/stories...
5y5y forward inflation expectations from the D'Amico, Kim and Wei (DKW) model that adjust for risk & liquidity premia send a very different signal from the measure that does not make these adjustments. Specifically there has been a steady upward drift in expectations since the pandemic.
October 1, 2026 at 1:31 PM
5y5y forward inflation expectations from the D'Amico, Kim and Wei (DKW) model that adjust for risk & liquidity premia send a very different signal from the measure that does not make these adjustments. Specifically there has been a steady upward drift in expectations since the pandemic.
implications:
1. US debt becomes more expensive
2. Fed can't cut rates to stimulate economic activity
3. inflation expectations ^^^
4. market views US default as more of a risk
5. potential financial crisis if the US treasury market runs out of liquidity
1. US debt becomes more expensive
2. Fed can't cut rates to stimulate economic activity
3. inflation expectations ^^^
4. market views US default as more of a risk
5. potential financial crisis if the US treasury market runs out of liquidity
April 9, 2025 at 2:35 AM
implications:
1. US debt becomes more expensive
2. Fed can't cut rates to stimulate economic activity
3. inflation expectations ^^^
4. market views US default as more of a risk
5. potential financial crisis if the US treasury market runs out of liquidity
1. US debt becomes more expensive
2. Fed can't cut rates to stimulate economic activity
3. inflation expectations ^^^
4. market views US default as more of a risk
5. potential financial crisis if the US treasury market runs out of liquidity
Here it comes.
September 28, 2025 at 5:57 PM
Here it comes.
To elaborate, this practice, if continued and not very rapidly stopped, would instantly make everyone place a premium on physical cash that would destabilize the entire financial system and risk a liquidity crisis collapsing anything not FDIC-insured.
February 12, 2025 at 8:20 PM
To elaborate, this practice, if continued and not very rapidly stopped, would instantly make everyone place a premium on physical cash that would destabilize the entire financial system and risk a liquidity crisis collapsing anything not FDIC-insured.
It’s cool though, we can package that debt into securities and sell it on the secondary market to increase liquidity and keep rates low, and to make it attractive, we can divide the grades of debt into various traunches, and since the underlying assets will always appreciate, default risk is low—
October 31, 2025 at 12:03 AM
It’s cool though, we can package that debt into securities and sell it on the secondary market to increase liquidity and keep rates low, and to make it attractive, we can divide the grades of debt into various traunches, and since the underlying assets will always appreciate, default risk is low—
Yeah I'm reluctant to interpret it exactly as a bond vigilante story. My view is (1) macro volatility ⬆️, (2) market liquidity down ⬇️, (3) risk of run-like dynamics with large spillovers ⬆️.
April 11, 2025 at 1:20 PM
Yeah I'm reluctant to interpret it exactly as a bond vigilante story. My view is (1) macro volatility ⬆️, (2) market liquidity down ⬇️, (3) risk of run-like dynamics with large spillovers ⬆️.
Definitely given they internalize all the the risk on a principal basis and Kalshi relies on anyone that wants to for liquidity provision (like eg the CME)
October 5, 2025 at 12:17 PM
Definitely given they internalize all the the risk on a principal basis and Kalshi relies on anyone that wants to for liquidity provision (like eg the CME)