Where this continuous QE bailout fantasy will fail is in the bond market.
Income investors need assurance against extreme default risk. That requires Congress approval which barely passed in 2008. The first vote failed.
This time I predict the nuclear option.
Equity wipeout. pic.twitter.com/F5v5tQI4hf
— Mac10 (@SuburbanDrone) February 11, 2022
This "market" is a fucking farce. pic.twitter.com/LK6LLS9kkm
— Mac10 (@SuburbanDrone) February 10, 2022
#Fed Volcker would have ignored #WallStreet and already hiked rates…Fed ‘behind the curve’ on #inflation AND ‘behind the crowd’ in tightening pic.twitter.com/xA4HhEtYl8
— CrossBorder Capital/ GLIndexes (@crossbordercap) February 10, 2022
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