Fiscal and monetary tightening globally in 2022
https://twitter.com/edwardnh/status/1478355470800859137 With the Democrats struggling to pass another stimulus bill, and the Fed beginning to “taper” their bond purchases, liquidity will reverse next year. The annual rate of change in the S&P 500 compared to our “measure of liquidity”, suggests some risk ahead.https://t.co/9fe72OuaL8 pic.twitter.com/8vn0tmaXjl — Lance Roberts (@LanceRoberts) January 4, 2022 Fed officials have begun … Read more