RMPOs ≠ QE, BUT DO STOCKS KNOW THAT?
The 'tourist was too quick to dismiss his tinfoil-hat-wearing buddies...
RMPOs ≠ QE, BUT DO STOCKS KNOW THAT?
Nothing seems to garner more controversy than the effect the Federal Reserve’s balance sheet has on risk assets. Talk to your favourite tinfoil-hat-wearing fintwit star, and the “irresponsible expansion of the Fed’s balance sheet over the past two decades” has created the “largest stock market bubble history has ever …