The Fed openly promotes asset bubbles. Whatever “benefit” they see from that “accommodation” ends NO LATER than the moment they stop QE.

That's arguably a better way of saying things.

I was looking at things from the Fed's point of view.

They Fed openly promotes asset bubbles.

Whatever "benefit" they see from that "accommodation" ends NO LATER than the moment they stop QE. https://t.co/cvoXu5tMhZ

— Mike "Mish" Shedlock (@MishGEA) August 30, 2021

When the money printer goes pic.twitter.com/ePy2wywHrA

— Alessio (@AlessioTMAD) August 30, 2021

https://twitter.com/NorthmanTrader/status/1432424523547226118

In the last 3 years, 81% of ETF flows have gone in US markets, which is pretty impressive! But as they say; the bigger they are, the harder they fall! pic.twitter.com/xPrFjwlJjj

— Julian Brigden (@JulianMI2) August 30, 2021

#recession … #GFC2 #UST #Bonds edition$TLT 📈 https://t.co/hYRznZIIQ6

— Invariant Perspective (@InvariantPersp1) August 30, 2021

pic.twitter.com/2JwBIBpGj4

— Alastair (@StockBoardAsset) August 31, 2021