QE being QE.
3 month yield has not heard about coming inflation. pic.twitter.com/4bm6UEk6is
— Market Musings (@AndysCycles) May 23, 2021
Central banks balance sheet vs GDP.
"Everything is fine, it is not as large as Japan's BOJ" is a false narrative.
Considering three decades of stagnation and massive debt as "fine" is more than dangerous. pic.twitter.com/vTIVSR6cY5
— Daniel Lacalle (@dlacalle_IA) May 24, 2021
The demand side.
In April 2020, household savings peaked at $6.4 trillion.
Subsequently, $3.6 trillion of consumer spending was unleashed over the next twelve months.
That is equivalent to 7.5 times the historical average annual spending adjusted for inflation. pic.twitter.com/5bQfntxEdT
— Otavio (Tavi) Costa (@TaviCosta) May 23, 2021
.@neelkashkari, this is painful to watch pic.twitter.com/afuXqPVXmA
— Alastair Williamson (@StockBoardAsset) May 23, 2021
They bought the Lumber dip.
Lumber over 20% off the lows.The Fed is just killing it on the stable prices mandate. pic.twitter.com/IB2eOtzFm0
— Sven Henrich (@NorthmanTrader) May 24, 2021
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