The Plumbing of the Financial Markets Is Leaking: Understanding the U.S. Liquidity Crisis.

Max reports on the growing cracks in the financial markets and the unprecedented lengths the Federal Reserve has already gone to in order to stabilize the global financial system. The U.S. is heading toward a full-blown liquidity crisis that threatens to seize up the financial markets. The situation is worsening daily at this point and Trump’s erratic policy decisions are contributing to the destabilization.

View the charts related to this episode.

Chapters

Intro: 00:00:37

Post Show Musings: 00:19:33

Outro: 00:39:38

Resources

Challenger, Gray & Christmas: Challenger Report: September 2025

MacroMicro: US - Hourly Wage Growth by Wage Level

MacroMicro: US - Consumer Price Index (CPI)

MacroMicro: US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume

MacroMicro: US - Treasury Yields vs. Fed Funds Rate

MacroMicro: US - Federal Fund Interest Rates

MacroMicro: US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume

MacroMicro: US - Fed's Balance Sheet - Liabilities

Fortune: Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says

Video: MTN: Trump in Full Blown Panic as Market Collapse Imminent

Track Star: Zohran Mamdani

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