Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil

Last October, just as the Fed started shrinking its balance sheet, we published yet another article on what is arguably the biggest threat to not only risk assets, but also the global economy: "The Dollar Funding Shortage: It Never Went Away And It's Starting To Get Worse Again."

Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil Libor%20ois%20dxy

Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil Libor%20ois%20dxy

While hardly a novel problem, we first discussed the return of the dollar funding shortage in March 2015, the fact that global stocks kept rising, and that overall funding conditions remained relatively loose keeping the global economy well-lubricated, prevented said dollar funding shortage from becoming a major concern to policymakers, despite occasional recent hiccups such as the Libor-OIS spread blow out, which both we and Citi explained w as a symptom of the creeping shortage of the world's reserve currency.

https://www.zerohedge.com/news/2018-06-04/central-banker-observes-sudden-evaporation-dollar-funding-warns-global-turmoil

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Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil 228e7146e76f1a753040650d8c40c61e--funny-shit-funny-stuff

:every panic:

Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil

Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil

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