Matthew McCormick
mccormick.bsky.social
Matthew McCormick
@mccormick.bsky.social
Housing, money markets, financial stability. Just a guy at a regional office of a very large fixed income portfolio manager.
Wrote a background piece on money markets and policy transmission
Network structure of money markets and firms affects policy transmission
Understanding the underlying network structure of money markets provides valuable insights for monitoring reserve scarcity and its evolution in response to regulatory and market changes.
www.dallasfed.org
October 7, 2025 at 8:23 PM
Reposted by Matthew McCormick
This piece comes out at 7 AM tomorrow. I'm extremely happy with it (though of course not the story itself!) and I have a number of great quotes from former government officials, and an official quote from ‪@warren.senate.gov.

Take out a paid subscription

www.crisesnotes.com#/portal/signup
June 9, 2025 at 10:28 PM
Reposted by Matthew McCormick
This is a really great short memoir of Michelle White's time in economics. I had no idea (but should've) how ground breaking her presence was in the field

econweb.ucsd.edu/~miwhite/sca...
April 21, 2025 at 6:59 PM
My colleague Jay Kahn and I wrote something on how to think about setting appropriate margin levels in bilateral repo transactions.

www.federalreserve.gov/econres/note...
Proportionate margining for repo transactions
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
February 14, 2025 at 3:38 PM
I am not posting very actively so here’s my one good tweet from the old place
November 23, 2024 at 11:56 PM