FAST FIVE: Hedge Fund Trader Who Called 2008 Crash Lists 3 Biggest Threats To US Stocks
Even Pal's former employer has warned about what might happen to the broader market if Democrats succeed in banning corporate share buybacks, or pass new restrictions to restrict them.
“We're coming into a period of illiquidity for equities,” Pal told MarketWatch.
Secondly, Pal brought up an issue that has captivated investors over the past month: The complications in the repo market.
Now, Jerome Powell appeared to announce 'Not-QE-4' the other day to try and reassure investors that institutions in need of some quick cash for collateral will be able to access those dollars without being forced to pay exorbitant interest rates.
“They have to start selling by year-end.