The biggest lie the devil ever told is that zero rates help poor people.
https://twitter.com/NorthmanTrader/status/1375373449456185348 🔘Mutual Funds & ETF equity fund Flow on record in 2021. Brutal. #contrarianMost 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 … Read more