Good-bye April 15 and Thanks for Nothing But Leftovers

By |2015-04-15T17:06:30-04:00April 15th, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

I had hoped that something would have happened by now and that April 15 would follow more closely the October 15 and January 15 events, if only for the sake of experimentation. We don’t really need any additional illiquidity and certainly nothing as globally severe as those, but with function the way it is and everything so stretched and imbalanced [...]