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JP Morgan To “Break Stigma,” Access Fed Discount Window

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With the stock market tumbling, while the Federal Reserve continues its nightly repo lines, it seems hard to imagine it’s a coincidence that JP Morgan picked this exact time to simply just “break the stigma” and access the Fed’s discount window.

Fortunately Dave Kranzler of Investment Research Dynamics joined me on the show to explain why the bank may be accessing the window, that’s traditionally used to provide emergency liquidity to banks that otherwise have healthy balance sheets.

So to discover what’s happening, click to watch the interview now!

 

 

Chris Marcus

March 6, 2020

 

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