I might be slow to take profits.. but the fed is slower to do the only thing they can do!

I’ll always remember this chart… most of the time.. the fed is too slow.. and when the waterfall cuts happen… the liquidity is always too tight to stop the fall.. always behind the curve.

Man… they had soo much ammunition back then… QE gonna need to be insane to compensate.

Source: https://twitter.com/CoryLVenable/status/1082323190645321728