Maybe, sort of. Institutional Investors can’t borrow directly from the Fed, banks have to intermediate and they don’t always react the way the Fed expects. My theory is that leveraged investors (certain types of Hedge Funds) are impacted by changes in liquidity driven by Fed balance sheet changes. I wrote it out in this thread above.
Maybe, sort of. Institutional Investors can’t borrow directly from the Fed, banks have to intermediate and they don’t always react the way the Fed expects. My theory is that leveraged investors (certain types of Hedge Funds) are impacted by changes in liquidity driven by Fed balance sheet changes. I wrote it out in this thread above.