Hmm morning26 Dec 2018 09:43
Soothed or spooked?
On Sunday US Treasury Secretary Steven Mnuchin took the unusual step of calling the chief executives of America's six largest banks in a bid to soothe market jitters.
Afterwards, the Treasury shared a statement about Mr Mnuchin's phone call, confirming that the banks' chief executives had "ample liquidity available for lending to consumer, business markets, and all other market operations".
"The markets continue to function properly," it added.
Well no one was worried about liquidity before.....they probably are now though.....