Wall Street Warns Market Liquidity Is Getting as Bad as 2020 - BitcoinEthereumNews.com
KabuhayanNagbabala ang Wall Street na ang Liquidity ng Market ay Palubha ng 202005 / 17 / 2022Balita ng Ethereum ng Bitcoin (Bloomberg) — Suspicious minds on Wall Street can be forgiven for seeing all the hallmarks of an illiquid bear-market trap in the Tuesday stock rebound. Karamihan Basahin mula sa Bloomberg In recent months trading conditions in equities and bonds have gotten worse as money managers struggle to buy and sell in size without moving prices, with echoes of the 2020 pandemic disruption. Liquidity, or the ease of trading, in S&P 500 futures is worrisome even by the standards of the Covid-spurred meltdown more than two years ago, according to JPMorgan Chase & Co. Market depth in US Treasuries is also approaching these historically dire levels in Goldman Sachs Group Inc. data. While the trading woes in 2020 started to ease in a matter of weeks, for many Wall Street participants it feels like the problem is neverending this year as the Federal Reserve phases out the easy-money era against the backdrop of strong economic data — a recipe for cross-asset volatility. “Market depth is not much better than it was during March 2020,” Nikolaos Panigirtzoglou, a strategist at JPMorgan, wrote in an email. “This implies