Stand up for nonprofit news & help us reach our $100,000 goal! GIVE NOW

How bowling shoes help explain the repo market

Oct 9, 2019
It’s a wonky subject, but important. Arcades, power grids and plumbing systems also help make sense of it.
If you want to understand the repo market, think about renting shoes at a bowling alley.
Alexander Klein/AFP/GettyImages

What exactly is the repo market?

Sep 18, 2019
It's how banks borrow money overnight. And it got a little crazy this week.
Federal Reserve Chairman Jerome Powell.
Photo by Olivier Douliery/AFP/Getty Images