“Don’t fight the Fed?” S&P 500 is close to a 9% drawdown, Nasdaq -13% while the Fed executing $120B a month of asset purchases, nearly 2x 2010 levels.
“Don’t fight the Fed?” S&P 500 is close to a 9% drawdown, Nasdaq -13% while the Fed executing $120B a month of asset purchases, nearly 2x 2010 levels. — Lawrence McDonald (@Convertbond) October 31, 2020 Even as central banks offer …