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“Cash Management!”

Summary:
Pop up Cash Management Bills offerings they keep announcing almost every day.... they have over 1.5T in TGA yet they still think they have to so-called  “manage cash!” ??? They could send out all of those k checks for 0b and STILL have T in TGA...    they have never really explained why they are continuing to do this imo...

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Pop up Cash Management Bills offerings they keep announcing almost every day.... they have over 1.5T in TGA yet they still think they have to so-called  “manage cash!” ???


 They could send out all of those $2k checks for $500b and STILL have $1T in TGA...    they have never really explained why they are continuing to do this imo... 


“Cash Management!”











Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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