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Nomura’s McElligott On What Can Go Wrong If The Fed Keeps Guiding Expectations Lower

"From the perspective of a 'give ‘em an inch, they take a mile'"...

"From the perspective of a 'give ‘em an inch, they take a mile'"...
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2 comments on “Nomura’s McElligott On What Can Go Wrong If The Fed Keeps Guiding Expectations Lower

  1. The real “debacle” as you phrase it is the ridiculous level of Monetary and Fiscal indiscipline over the last several years that has led to a total mispricing of ALL assets, penalizing ordinary americans while creating huge wealth for financial engineers…Hope this signals the start of a major reset…

  2. Everyone is completely underestimating the impact of ending QT. BTFD.

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