The MacroTourist

The MacroTourist

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The MacroTourist
The MacroTourist
THE 2021 TAPERING
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THE 2021 TAPERING

The 'tourist contrasts the 2013 taper tantrum to this cycle's market action

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Kevin Muir
Nov 04, 2021
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The MacroTourist
The MacroTourist
THE 2021 TAPERING
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Well, it’s finally here. Today, Jerome Powell announced the Federal Reserve would officially start their taper. The details were exactly as the market expected; $10 billion of Treasury securities and $5 billion of agency mortgage-backed securities lopped off each month’s quantitative easing purchases.

There is plenty of analysis out there, so I won’t bor…

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