On this bonus episode of the HPS Macrocast, John and Brendan join Tony to discuss the Fed’s expanded currency swap lines, the global increased demand for the dollar, and the importance of repo facilities. The crew also discusses the new small business lending and paycheck protection programs to boost the economy before this week’s unemployment claims and jobs numbers are published.

 Produced by Hamilton Place Strategies and Markets Policy Partners, the HPS Macrocast features insight and analysis on the latest macroeconomic trends. Subscribe on Apple Music or Spotify.