QT is coming!!!
Great article re the yield curve below. Well worth a read. We had QE now we are going for QT which may not end well. makes you wonder why they are doing this now. Political reasons, surely not?
Great article re the yield curve below. Well worth a read. We had QE now we are going for QT which may not end well. makes you wonder why they are doing this now. Political reasons, surely not?
Yes indeed. Thanks for posting.
My pleasure BK. Scary times ahead!
“No, the “risk” from “quantitative tightening” is not The Fed.
Yes, the reduction of their balance sheet will be a tightening.
But you’re a fool if you think this is the only — or even the largest source of such tightening over the next number of years — 10 to 15 years from now, in fact and starting effectively now.”
https://market-ticker.org/cgi-ticker/akcs-www?post=232248 (Denninger last week)
Thanks Pedro for a minute I thought you were calling me a fool then I read the article and I realised that was in the text 🙂
So we have a double risk the Fed and from social security and medicare. All the rainy days are arriving in one go!