Libor SOFR Transition: How to prepare for the consequences!
Lynette Zang: 10-27-2022
We’ve talked a lot about this being a Jenga economy . The economy is now so fragile because of all of the Fed money printing and the global central bank money printing that any little piece that comes out could topple the whole thing.
And we’re coming up to a place where we’ve got a major thing that’s about to happen.
So I’m going to take you down this rabbit hole that is intentionally made so complex, and I’ll try and simplify it for you. But this is really important. Coming up
Chapters:
0:00 Introduction
1:24 LIBOR & SOFR
2:43 Derivatives
6:02 Integration in Financial System
13:55 Libor Act
25:33 Fed Rate Hike
29:18 G7 on Standby
