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When the "Whole Psychology of the Market Will Change"

From a Jan 18 Bloomberg story:

“There remains a cash glut in the system,” said Scott Skyrm
, senior vice president and head of repo and money markets for NewEdge USA LLC in New York. “This will all change when the Fed starts the reverse-repo operations, but it’s a mystery when they will begin. When they do, the whole psychology of the market will change.” (underline mine)
I'm keeping this quote in the back of my mind.