https://twitter.com/NorthmanTrader/status/1375373449456185348
🔘Mutual Funds & ETF equity fund Flow on record in 2021. Brutal. #contrarian
Most in the basket🧐 pic.twitter.com/X3jwGATiSj— Antonio Pérez-Algás (@apanalis) March 25, 2021
Just a few of the times the Fed told us QE was 'temporary' or that cutting the balance sheet would be 'like watching paint dry.'
Shouldn't have believed the Fed then.
Don't believe them now. pic.twitter.com/qxidAh7mGe— Peter Schmidt (The 92ers) (@The92ers) March 25, 2021
ok🧐 @AlessioUrban pic.twitter.com/vaRFZrXznD
— Menthor Q (@MenthorQpro) March 26, 2021
Via @hsilverb
Q4 2020 buybacks of $130.5B topped Q3’s $101.8B
Q4 remained top heavy, as 66% of buybacks were done by the top 20 companies
“More companies expected to return to buyback market (244 w/at least $5B in Q4 verses 190 in Q3 & 320 in Q4 2019)”
Fed policy working OT https://t.co/NzbCF0fXXP
— Danielle DiMartino Booth (@DiMartinoBooth) March 25, 2021
🇺🇸 $45.6 BLN FLOWS INTO CASH IN WEEK TO WEDNESDAY, LARGEST AMOUNT SINCE APRIL 2020 – BOFA CITING EPFR DATA – RTRS
*THIRD LARGEST WEEKLY TIPS FUND INFLOWS EVER WITH $1.8 BLN, LARGEST U.S. EQUITY OUTFLOW IN 13 WEEKS – BOFA CITING EPFR DATA— Christophe Barraud🛢🐳 (@C_Barraud) March 26, 2021
https://twitter.com/NorthmanTrader/status/1375469531343249418
The problem is not in rising yields. The problem was depressing yields to all-time lows artificially in the first place. pic.twitter.com/Ade9Lsda0k
— Daniel Lacalle (@dlacalle_IA) March 26, 2021
Larry Summers Warned About Inflation, Fed Officials Push Back
Mr. Summers, the former Treasury secretary, and other economists say $1.9 trillion more in pandemic relief might overdo it. The Federal Reserve’s vice chair and a regional president disagreed.
UMich Sentiment Surges To Highest Since March 2020, Inflation Outlook At 6-Year High
The reestablishment of an inflationary psychology will not occur immediately. Buy-in-advance psychology preceded actual inflation by about two years prior to 1980, with the lead time more variable and with no resurgence in the low inflation era.