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TechFlow news — Arthur Hayes, founder of BitMEX, tweeted, "Powell may have already burst the crisis in the U.S. banking system. In 2008, it was banks' bad credit portfolios—i.e., the subprime crisis. In 2023, is it banks' long-term bond portfolios, such as UST and MBS? If there's a sharp downturn, remember March 2020: sell-off, bailout, then surge!? I'm personally ready."Original link
BitMEX founder Arthur Hayes tweeted, "Powell may have already burst the crisis in the U.S. banking system. In 2008, it was banks' bad credit portfolios—the subprime mortgage crisis. In 2023, is it banks' long-term bond portfolios, such as UST and MBS? If there's a sharp drop, remember March 2020: crash, bailout, then surge!? I'm personally ready."
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