The MacroTourist

The MacroTourist

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The MacroTourist
The MacroTourist
JUST A DUMB MONEY MANAGER
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JUST A DUMB MONEY MANAGER

No doubt, past QEs were bond bearish, but what's changed this time?

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Kevin Muir
Oct 06, 2020
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The MacroTourist
The MacroTourist
JUST A DUMB MONEY MANAGER
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If there is one MacroTourist view that conjures consistent pushback, it’s my assertion that Quantitative Easing is not bond friendly, but in fact causes bonds to decline. You should hear the incredulous gasps when I make the argument.

“How can the government buying bonds cause them to go down?”

“Are you an idiot? Is your mask cutting off the oxygen to y…

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