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09 April 2021 Coronavirus Charts and News: Now Johnson and Johnson Vaccine Is Causing Concerns Of Adverse Reactions Including Blood Clots. The Common Cold Might Protect You From Coronavirus.

09 April 2021 Coronavirus Charts and News: Now Johnson and Johnson Vaccine Is Causing Concerns Of Adverse Reactions Including Blood Clots. The Common Cold Might Protect You From Coronavirus.
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"There Are Absolutely No Job Seekers": How Trillions In Stimulus Sparked A Historic Job Market Crisis


by Tyler Durden
Something odd is going on in the US economy.
On one hand, in the aftermath of the covid pandemic there are millions and millions of former workers who have lost their jobs and are unable to return as their job may not even exist today (while their skills atrophy and they become increasingly unemployable with every day they are unemployed). Addressing this, on Thursday Fed Chair Powell spoke at an IMF panel saying that over nine million Americans remains out of work, while a quick look at the latest BLS data shows that there are
over 100 million Americans who are out of the labor force (of whom just 6.85MM want a job currently, and a ....

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SLR Chaos Sparks Wild Moves In Swap Spreads


by Tyler Durden
Friday, Mar 05, 2021 - 02:50 PM
There is a reason why we highlighted the earlier report from Politico that FDIC Chair Jelena McWilliams said
it doesn’t seem as though banking agencies need to extend the SLR extension.
This matters because as we first explained two days ago in The SLR Is All That Matters For Markets Right Now , and as Bloomberg s Edward Bolingbroke writes this afternoon, the market is unhappy with the potential risk that bank balance sheets will become significantly more constrained after April 1 (when the SLR ratio will return all else equal and holding excess TSYs will be punished by regulators) and as a result long-end dollar swap spreads have collapsed ....

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