Howard Marks: Liquidity Hurts Banks’ Proprietary Positions

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Howard Marks: Liquidity Hurts Banks’ Proprietary Positions


Howard Marks, co-chairman at Oaktree Capital group, discusses the market impact of reduced liquidity. He speaks on “Bloomberg ‹GO›” (Source: Bloomberg)

Howard Marks: Liquidity Hurts Banks’ Proprietary Positions

According To Jim Chanos, This Is The Biggest Story No One Is Talking About

Jim ChanosWhen a liquidity crisis struck China's Evergrande Group in the summer of 2021, it shook the global markets. Debt payments by China's second-largest property developer by sales were estimated in the hundreds of billions of dollars, and the company missed several payments. Those missed payments led to downgrades by international ratings agencies, but the Chinese Read More

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