R. Christopher WhalenOct 78 min readChairman Powell Jumps the SharkThe markets got their rate cut over the past six months and now may have to give some of that back.
R. Christopher WhalenSep 228 min readGSE Release Under Trump? Post-Rate Cut Margin Calls?? Why should a private Fannie Mae be a 20% risk weight under Basel III, but PFSI or Mr. Cooper (COOP) are 100%?
R. Christopher WhalenAug 127 min readThe Powell Hedge Fund Drives Private Market Instability In 2019, the FOMC essentially nationalized the US money markets, eliminating private price discovery for a representation of a market.
R. Christopher WhalenDec 26, 20235 min readHigher Home Prices & Inflation in 2024This morning, banks are buying funding from the BTFP below 4.85% and selling Fed funds at 5.5%.Â