The Fed Reverse Repo Program rising ominously again even though it’s not quarter-end or even month-end. Excess cash with nowhere else to go. Liquidity in equities continues to evaporate. The speculative garbage has been silently massacred & now broader indices slip

https://mobile.twitter.com/InvariantPersp1/status/1484605628609810432?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1484605628609810432%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.investmentwatchblog.com%2Fthe-fed-reverse-repo-program-rising-ominously-again-even-though-its-not-quarter-end-or-even-month-end-excess-cash-with-nowhere-else-to-go-liquidity-in-equities-continues-to-evaporate-the-speculat%2F

That means the collective banks in US are parking roughly $1.7T every single night because they have no where else to deploy it..