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Jamie Dimon interview (Link)
Jamie Dimon discusses the current market sell-off, the economy and trade relations.
Markets so dominated by ETFs have not been truly tested by a post-QE world (Link)
Since the GFC, global central banks — especially the Fed — have served as market liquidity providers, filling the gap as regulation-restrained big banks have retreated from their traditional market-making roles (WILTW May 24, 2018). Much of that liquidity support has already been stripped away as QT has progressed.
This is what happens in an internet minute
