The MacroTourist

The MacroTourist

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The MacroTourist
The MacroTourist
EVEN THE 'TOURIST IS BLUSHING
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EVEN THE 'TOURIST IS BLUSHING

The Fed announces a surprise expansion of their QE program

Kevin Muir's avatar
Kevin Muir
Apr 09, 2020
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The MacroTourist
EVEN THE 'TOURIST IS BLUSHING
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I was half-way through this whole “value vs. growth” post when the Federal Reserve stunned the world with a massive QE expansion announcement, so I decided to scrap that piece (for now) and write about the new developments.

Here is Bloomberg’s Cameron Crise’s take on the announcement:

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