September 9, 2021· 47 min

Zoltan Pozsar on What’s Going on in Rates Markets Right Now

Orality
Model
83%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(175 words)
M:20%
GuestZoltan Pozsar(6,777 words)
M:28%

Oral Indicators

Agonistic41%
basically, very, literally
Engagement67%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
know (170x), it's (84x), think (73x)
Parallelism100%
And whenever we have the start..., And there has been a lot happe..., So, you know, just today, we h...
Sound Patterns55%
48 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases7%
at the end of the day, i mean, so to speak

Literate Indicators

Hedging5%
maybe, could, perhaps
Passive Voice6%
been pressured, are used, is even
Abstract Nouns15%
investment, agreement, facility
Subordination5%
because, since, until
Sentence Length52%
Avg: 18.0 words/sentence
Word Complexity44%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style33%
583 personal pronouns found
Descriptive Style61%
usually, basically, actually

Description

There's a lot happening in the plumbing of the financial system. The Federal Reserve's reverse repo facility has seen huge takeup from financial market participants seeking to park excess cash. Meanwhile, the central bank has also announced the start of a new standing repo facility. And, of course, we're nearing the start of tapering, when the Fed will start to wind down its asset purchases. On this episode, we bring back Credit Suisse Strategist Zoltan Pozsar to talk about everything that's going on right now. He describes a system awash with dollars that no one wants, and walks us through what that means for broader markets. See omnystudio.com/listener for privacy information.