Blind Squirrel Macro

Blind Squirrel Macro

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Blind Squirrel Macro
I get it, Baldrick is Dogecoin!
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I get it, Baldrick is Dogecoin!

The Blind Squirrel's Monday Morning Notes, April 3rd 2023.

Apr 03, 2023
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Blind Squirrel Macro
Blind Squirrel Macro
I get it, Baldrick is Dogecoin!
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Summary

  • In the global liquidity and risk cascade, the Baldrick is Dogecoin. Liquidity (from the ECB ($300bn), BOJ ($250bn) and PBOC ($450bn)) is the magic potion to which risk markets are in thrall.

  • A…

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