If limit of primary dealer balance sheet capacity was a key factor driving March US Treasury market turmoil, it was a problem that had been building up over time. Broker-dealer holdings had been elevated since 2018!
bis.org/publ/arpdf/ar2…
v.
Hang on … Kandinsky was an economist before became a world renowned artist???? And he was also the uncle of
January 19, 2021
Hang on … Kandinsky was an economist before became a world renowned artist???? And he was also the uncle of Russian-French philosopher Alexandre Kojève (1902–1968).