And, is it just me, or is getting absolutely balls long a concentrated hugely negative-carry bet written and marked my a more powerful counterparty, essentially a masterclass in how NOT to trade?
If I were Burry then, instead of having a cringe boomer Twitter meltdown, I would simply put on some My Chemical Romance, do some blow with some goth hookers, and blow off steam the old-fashioned way.
That's probably enough internet for today... 😂
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if you have been paying attention recently, you may have heard whispers of the dangers that the rapid growth of the Forex Repo Market may pose to the financial system.
but what is the Forex Repo Market?
despite its relative obscurity, the Forex Repo Market is a pivotal component of modern finance, facilitating short-term currency liquidity like no other mechanism.
in this market, participants can "repo" a currency pair, effectively agreeing to sell the pair today and buy it back in the future at a set price. this enables powerful leverage and hedging strategies that wouldn't be possible otherwise.