‘Scary And Uncharted Territory’: We’re Gonna Need More Cowbell
Ok, it's time to talk about the blowback from the ever-so-gradual rundown of the Fed's balance sheet again.
One of the most amusing things to observe on a daily basis is the contortions popular pundits go through in order to "explain" why the unwind of accommodation will not lead to a reversal of the market dynamics that stemmed directly from that same accommodation.
That effort started a couple of years ago with attempts to advance actual, real arguments to support the contention that financi
Could you say scary a few more times? I’m still trying to wake up.
when they actually start really reducing the QE and really start QT let me know…but expect reasons to give more cowbell in the first half of the year (market money flows and constitutional crisis events)….then we’ll see if what the GS boys whispering in Da Trump’s ear are really worth what we are not paying them and if they can arrange for more cowbell when and if the dip buying isn’t enough to make their “kin” happy….cause it really is all about family don’t ya know. (Trump already threw his under a bus thinking he can just pardon them).