Everyone on Twitter is convinced that another round of QE is coming. The bull case is magical thinking conditioned by 14 years of monetary moral hazard

Everyone on Twitter is convinced that another round of QE is coming.. fixing inflation with more inflation.. nominal yields will skyrocket with interest rates.. genius — Alessio (@AlessioTMAD) July 7, 2022 The bull case is magical thinking conditioned by 14 …

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The Fed’s Merry-Go-Round

By LV When a horse race is fixed like a merry-go-round, it is apparent to even the most inebriated observer in the racetrack grandstands.  No binoculars are necessary to see through the charade.  A merry-go-round fix is the most brazen …

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