Here Is The Big Problem As The Global Economy Rolls Over

Thursday, November 29, 2018
By Paul Martin
November 29, 2018

A day after the massive rally in stocks following Powell’s comments, here is the big problem as the global economy rolls over.

QT Still In Place
November 29 (King World News) – Here is a portion of what Peter Boockvar wrote today as the world awaits the next round of monetary madness: For a market that is so beholden to monetary policy and desperately wanting to know ‘are we there yet?’ in terms of ending the tightening, I only thought of this yesterday after Powell basically said we are. BUT, as long as QT is still in place, we really aren’t there just yet. Their balance sheet is still expected to shrink by $600b next year…

The Rest…HERE

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