The SPY, opposite of MCHI, was going through a period of LEVERAGE during SLR (april 1st 2020 - april 1st 2021) and then the repo market SURGED to all time highs once SLR expired.
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The SPY 9/17/20 - today

Uploaded 3 years ago

The SPY, opposite of MCHI, was going through a period of LEVERAGE during SLR (april 1st 2020 - april 1st 2021) and then the repo market SURGED to all time highs once SLR expired.