re: Holding AMC Thread- Diamond hands unite

Trey’s Trades - the king ape, he of CNBC and Fox Business guest appearance fame, and often cited here - just dropped a 15 minute video where he proceeds to completely misunderstand what Fed reverse repos are. He couldn’t be more incorrect. He thinks Fed reverse repos are going to create margin calls on institutions when the truth is a Fed reverse repo is institutions giving the Fed cash because they have nothing else better to do with it. Hell, his first example shows the reverse repos are counteracting the QE program in the damn caption.

This is the lead talking head for the apes and he couldn’t be more incorrect. Much like his tweet where he lied about the timing of that stock sale. However, because AMC is up, folks think he knows what he’s discussing.