Rates, Repo, and Eurodollars through a Meltdown — Live with Jeff Snider

Published on
March 11th, 2020
Duration
54 minutes

Breaking Down the Meltdown: Live with Mark Ritchie II and Thomas Thornton


Rates, Repo, and Eurodollars through a Meltdown — Live with Jeff Snider

Featuring Jeff Snider

Published on: March 11th, 2020 • Duration: 54 minutes

Jeff Snider, head of global investment research at Alhambra Investments, joins Real Vision’s Ed Harrison to break down the dollar and eurodollar system’s behavior during a meltdown, the rush by market participants to purchase “pristine collateral,” and the implications of the Fed’s recent actions. Snider explains his perspective of the Fed’s repo operations since September and why (as he dubbed it) the Fed’s “Greenspan Moon Cult” has caused even the brightest economists to justify the market’s behavior with any explanation other than risk aversion.

Comments

Transcript

  • DS
    David S.
    19 March 2020 @ 21:54
    Are the banks taking all the counterparty risks in the repo market? DLS
  • JC
    John C.
    18 March 2020 @ 21:06
    Great interview. Always good to hear Jeff's views as he is probably the foremost expert on some of this stuff.
  • NR
    Nathan R.
    11 March 2020 @ 21:27
    Hmmm. One would think today's UST puke will be short-lived...
    • JC
      John C.
      18 March 2020 @ 12:10
      All depends on when these hedge fund blowups end and if the Fed can keep pumping in liquidity (esp to Asia and some EM)
  • MR
    Milton R. | Founder
    16 March 2020 @ 15:18
    Due to prep for coronavirus, transcripts for RV Live were delayed this past week. Transcripts are now up for all RV Live videos and will be up promptly within 48 hours of all live talks moving forward. Thank you for your patience
  • MH
    Michael H.
    15 March 2020 @ 22:40
    I'm having trouble finding this on the realvision app, i can only see this video when logging into the web browser
  • SM
    Sergio M.
    15 March 2020 @ 13:30
    Will RV be looking to make transcripts from these live sessions.
  • ML
    Michael L.
    13 March 2020 @ 07:37
    if banks have too little UST as collateral, but too much cash(fed funds).. .why can't they use those fed funds as collateral? even higher quality no?
  • DP
    Duane P.
    13 March 2020 @ 04:26
    Great interview!!!
  • PJ
    Peter J.
    12 March 2020 @ 13:47
    Absolutely brilliant. I’ve listened to all Jeff’s interviews on RVTV, Macrovoices and elsewhere over the last five or more years and I’ve never seen him as animated. One of / if not the best voice on the $ and $Euro ever.
  • wj
    wiktor j.
    12 March 2020 @ 09:20
    Someone should recommend this guy as fed chair. We wouldn't be in this mess. I learned so much from his Euro university on Macro voices!
  • MC
    Michael C.
    12 March 2020 @ 03:00
    Jeff Sniders has the most coherent message I have heard when looking for explanations about the goings on in the plumbing of the financial system.
  • ZY
    ZHENG Y.
    12 March 2020 @ 00:43
    RealVision, the guest is using a proper microphone, sound much better and clearer. Improve this your live show will go the next level.
  • JA
    Jordan A.
    12 March 2020 @ 00:21
    Jeff's the best. Only reason I ponied up the dough for the premium subscription.
  • OR
    Otto R.
    11 March 2020 @ 21:55
    What will happen with Eurodollar futures?
  • NR
    Nathan R.
    11 March 2020 @ 20:59
    Just brilliant. Thanks to RV and Jeff. Nobody willing to risk balance sheet. Ugly, systemic stuff.