Check out these graphs:
Stock prices and bond prices both went vertical with the announcement.
I wish the next Fed chair a hearty "good luck" with their exit from QE and clean up the Fed's balance sheet policy. They are going to need it.
Wednesday, September 18, 2013
Tale of the (non)Taper
The FOMC announced that QE will continue for the time being. No cutting back on the monthly asset purchases.
Check out these graphs:
Stock prices and bond prices both went vertical with the announcement.
I wish the next Fed chair a hearty "good luck" with their exit from QE and clean up the Fed's balance sheet policy. They are going to need it.
Check out these graphs:
Stock prices and bond prices both went vertical with the announcement.
I wish the next Fed chair a hearty "good luck" with their exit from QE and clean up the Fed's balance sheet policy. They are going to need it.
Please don't Fed the Bears.
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