in the money

If Cornwall Capital made a bet with Deutsche Bank and it wound up “in the money,” Deutsche Bank was not required to post collateral.

An “in the money option” is one in which the strike price is lower than the current price.

“Our advice to investors is to be disciplined about making sure you’re actually investing in the money and not in the story,” Ward added.

And some experts think conditions in the money markets indicate that the Fed is in danger of repeating its 2019 mistake of taking too much liquidity out of the system.

Warsh wants to see a return of monetarism, a line of thinking that says increases in the money supply can drive inflation.