For the commute home,
- “Deposits” with money market funds aren’t protected like those in banks, and the SEC is only just getting around to regulating them. Better late than never?
- The shortage of safe assets is both structural and cyclical.
- Low quality repo collateral is back. This won’t end well.
- Labor force participation is not looking very reboundy.
- Definitely not getting a good deal with fossil fuels.
- Over- and under-paid executives.
- Naming the equipment.