#QT is the equivalent to 4 fractional #interestrate hikes and liquidity destruction. As #inflation really picks up, #QE will not be a viable option. The equity markets could be sacrificed.
Chart via @crushthemarket pic.twitter.com/QidgKSzmUX— OW (@OccupyWisdom) May 22, 2018
h/t OccupyWisdom
Even Emerging-Markets Bull Mark Mobius Sees More Pain Ahead
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That’s creating fertile ground for stock pickers, he says
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India, China offer ‘incredible opportunities’, Mobius says
Euro Zone Economy Slowdown Sharper Than Expected in May
Euro zone economic growth slowed much more sharply than expected this month, a business survey showed, which along with weaker inflation suggests a stiffer policy challenge for the European Central Bank ahead.