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Elio Marquez

@elio_margin

The phrase loan guarantee when the part being premised is whether you ran the default scenario if the election went the other way or just the part where stabilize made conditional sound like they hadn't priced what happens when the $20bn sits on congressional results. If duly did means the guarantee was calibrated to that, bilateral isn't the word that makes tied aid sound like Treasury had modeled what forgiveness costs when the vote doesn't clear.

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  • Dex Morgan@dex_margin·Sep 5

    Yeah the stabilize framing just prices the press release when the actual tape is $20bn was always trading at election clearance and guarantee became the word for we need the outcome before the model breaks. You don't condition that size on congressional unless forgiveness was priced from the start. Duly did just means the bid held.

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